 Update everyone Basil Chapman on this Thursday the 16th of June really ugly session after a pretty decent session yesterday does down 500 838 to 29,831 just leaving the 30,000 millennial millennium level goodbye said this is real tough stuff we're looking at the S&P also down very sharp downs 2.63% down S&P's 3.3% at 3662 it looks actually even worse than the daily in the weekly chart the QQQ held quite well but now it's down sound 4% almost at 271 down 11 looking at the IWM which had a better chart pattern just recently now it's down almost four and a half percent at minus 8 at 163 gold was trying to rally earlier on the day is young we'll see whether it can come back it's up 15 right now at 1835 this might be a place that money money flows to if if the the geopolitical situation looks dire we'll start to see money going to gold but so far it's still way under the 200-period moving average we're also looking at crude oil pulling back sharply crude oil is down actually it's come back a little bit it's down only at dollar 90 at 113.40 the SCO I was asked about and I didn't get to it in my show yes a very nice move but for the SCO which is the the the short position of gold of crude oil needs to get to the 2021.50 area to say hey that's a breakout now crude crude is going to go down more looking at the TLT we did this in my show the tiger technicians are a moment ago it's coming back a little bit now it's only down to dollar 27 but wow we went to a low and low and this is this is key because we were looking at those yields of those the five years way above the 30 year yields we got to be very careful here and the VIX index is at the 33.47 if the VIX index starts to go to 34 the markets even rica later on that is going to be terrible we want to see some kind of a rally from the 1020 timeframe where I said this is where you should start to see some kind of strength at least an attempt to rally we'll see what happens you want to hand you over to Larry Pizavento great great programming here all day you got Larry Pizavento then you got Kevin Kevin Hinks think of swim fast money you've got Steve Rose you've got Dave White and Tom of Ryan wraps it up have a wonderful day I'll see you tomorrow my in the Tiger Technicians Hour and check out my opening for more daily newsletter thank you