 TfN News Update. Good morning everyone, Basil Chapman here with the Wednesday, the 30th, last day of November session and we're looking at 11 o'clock, we're looking at the Dowdown 202 at $32,649. It's gone underneath yesterday's tiny little dogey candle. Is this going to be a halfway marker for a pullback or by the end of the day are we going to have after the Fed speak or we're going to have a bit of a balance? We're looking at the S&P which is holding way better. I think it's JP Morgan, there are a couple of stocks that are impacting the Dow negatively here, a triple M I guess as well. We're looking at the S&P down 11 at 3946. It hasn't taken out yesterday's low so we're watching this closely and the 9 is still above the 14 so that's good but it kind of has failed in the weekly chart to take out that inside track repellent zone. So we're going to be monitoring this all week because it's very important as we go into into December what exactly we're looking at how the candle of November finished. We're looking at QQQ pulling back from its high today but still up 31 cents at 280.88. Holding okay but yesterday went under the left side loads a technique I call the dreaded H pattern. How it handles this chaff wave inside track repellent zone in the weekly chart is going to be so important going into Friday's close IWM was a little bit weaker IWM is down 75 cents at 181.61. Also kind of struggling to get those moving averages to hold positive they almost are going to turn negative gold. Gold is pulling back from its high today it hit 17.79 the continuous contract is down 17.65. It's just kind of struggling here big digestive phase after a huge move up looking at the dollar trying to rally it's up about six cents six ticks that is 106.89. The 200-period moving average magnet 105.71 it's going to stay there until it can get if the dollar can get to 108.30 that's really good hasn't done that yet looking at TLT which is the yields the yields are at this particular point rising just a little bit TLT's down six cents after making a peak it could digest gains just for a little bit we'll see what the Fed does that's going to impact them as well later today we're looking at crude oil which had a really nice balance earlier on still up two dollars at 80.27 isn't going to change the trend from lower highs to lower and lower lows to higher highs and higher lows we'll see over that if a week from today Wednesday week crude oil is actually in the 83.84 area that's going to be a big deal say to you great programming coming up i will be back later on three clocks off me to do the tumble grinder check out my opening call then you use that it see you a little later have a great rest of the day