 EFNN, The Tiger, Financial News Network, News Update. Good morning everyone, Basel Chapman here on this Wednesday, the first day of November, nice start to the first day of November, at least at this particular point, what we're looking at for the 10 o'clock Tiger Financial News Network Market Update is to see where the Dow is and the Dow is at 54, at $32,108. Very nice follow-through from the low that was made on Friday, $32,327. The bank has a lot of work to turn positive so it's stochastic and the anigning period moving average is still way under the 14. S&P right now is also doing quite nicely, up 14. It actually gapped up at 42.08, and remember yesterday I said it needs to get to the 42.08, 42.10 area, the pink 9-period moving average to start benefiting from that turnaround on Monday, the gap up from the Friday low. We're looking at the QQQ, and then a QQQ trading right now up to a 352.87. Good action on the 9-period moving average, balanced off the 200-period moving average, we'll talk about that in my show coming up, the Tiger Technicians Hour. IWM is finally showing some strength, no, down 50 cents at 163.91. Now we're going to go to gold, and look at the chart pattern and say, wait a minute, is that a peak D? No, it's a peak C1, C2, it acts like a D, but until you actually get a sign, a better sign, you can't think of it as any kind of a signal, so it's still in an uptrend, doing very nice here, up for 1997. I just do this real quickly, the GDX is not following, it's up 10 cents, looking much weaker, that's because the gold stocks are not participating, now you go to the dollar, and this is going to be what you need to follow. Look, the dollar's broken out. I've spoken about this for ages, I've been saying the 9-period moving average, holding steady like this is fabulous, doesn't break this thing, I'll also talk about that when I get back for the Tiger Technicians Hour. Let's go to bonds, bonds are finally having a decent day up, almost a point, at 110, 12, 30 seconds, needs a lot more, but at 110, this is going to be a test, whatever the Fed says, must hold 108 over the next two days. Crude oil, crude oil is trading up almost $2 at $8294, but it's not a great chart for this particular point. I'll be back, puzzle chapter, Tiger Technicians Hour coming up, check out my opening call, she's done lately, it'll be very interesting, okay.