 This is TFNN the tiger financial news network update Good morning, everyone Basel Chapman here on this Monday the 7th of August This is a 10 o'clock tiger financial news network market update dollars up 242 points at 35,305 had a really interesting reversal on Friday it gave an inverted red Chapman wave Roman candle To my candles will be a webinar coming up with Teddy and check it out in front page of TFNN Well, we're looking at here is if there is a trade for about 30 to 45 minutes above 35 670 today, I'm sorry, 35 370 today And holding for about 30 to 40 minutes you can go to the top of the thing But if you start to fail you've got to be careful because within two days if we take out this left-side low of 35,000 and 33 that'll suggest we've gone from a cell signal to a cell mode We haven't even quite got the cell signal yet in the Dow S&P is a slightly different It's already given some cell signal it's up 14 at 44 92 the 4507 high of Late to July we haven't got there the 9 is just about to turn negative But it hasn't yet the Dow is still positive the eye the qqq Actually turned negative today with the nine-period moving average with the days young anything can happen You have to wait for the close so 37 20 down up 16 points. It's not bad, but it's struggling IWM Russell 2000 Still is having has a nine-period moving average over the 14 But it's an ugly candle day down a dollar 40 at 192 17 We're looking at the gold contract the gold contract is down sharply down 10 The dollars are tempting after that peak D on Friday to make some kind of a ready But it's struggling. It's just about unchanged at 102. What we're looking at here is the crude oil Pulling back often making a new recovery high is down a dollar 15 at 81 point 69 there's the story the TLT I'll talk about this when we get back Did it make a chaplain wave volume price climax reversal on Friday? Sorry on Thursday I don't think so. I'll be back for the tiger to just sound check out opening for dating you said see you in a few moments