 This is TFNN the tiger financial news network Good morning everyone Basel Chapman here on this Wednesday the 13th of September the Dow futures right now at this 9 o'clock tiger financial news network market update the Dow futures on change So whatever the economic news is the marketer said it had a big shot It had a sharp pullback and then it came back with a little bit positive now So the day is beginning as if it ended yesterday So whatever happened yesterday so far we haven't had any impetus to really From the news at least break to the upside the downside looking at the e-mini I'll go to the continuous contract is down about one at 45 12 same thing So let me just emphasize that the Dow pattern has this arch formation that says kind of got limited upside But at the moment it also has limited downside the same thing with the S&P but the 9-speed moving average Hasn't turned pink. I'm expecting that it will turn pink and that'll be a negative looking at the end queue That's the NDX 100 trading down 10 at 15,000 492 It's the same thing if I look at the QQ queue with the close yesterday the QQ queues It hasn't gotten to the inside track yet It hasn't even got ready sharply enough But if the queues actually can get from 372 up into 375 area in the next few days That's that's a good sign, but it mustn't break 370 support IWM the Russell 2000 IWM Yeah, it is under the 200p moving average very weak gold our gold is unchanged right now 1935 it's holding pretty darn well when you think about what the dollar has done the dollars up 33 ticks at 104 point 95 doing very well I think it's got another pop to the upside and then just like crude oil I think it's just starting to get into just an over base of my unbalanced volume It's getting to a little bit overboard area not a little bit It's actually quite a bit overboard it can stay that way for a little longer now I'm not sure yet because the the crude oil on the daily chart is I got this as a B And this is an alternate count. That says you can still go a little higher looking at the bonds the bonds right now The bonds are down 6 30 seconds at 190 and 8 30 seconds those yields are so close to breaking to the upside so with that said Within the context of the market, it's the SMH's that I've really focused on a lot They down about 36 cents right now pre-market at 149.01 and that 9p moving average actually crossed negative Does it flip back to positive today needs at the SMH's after really climbing to the 152 153 area to be able to do that So it's going to be a very interesting session if after 2 o'clock the the dow is up to 60 that's going to be