 T F N N headline news update Everyone Basel Chapman here on this 10 o'clock Tiger Financial News Network update we're looking at the Dow down 70 at 35,330 This is going to be really important because it closes August as the bar that we're looking at right on the right side column That's the monthly chart in a leg D D is where you raise your foot of the accelerator hover over the brief because other things can happen The technicals are still very good the weekly chart technicals are starting to deteriorate, but they're still good and The dating charts got the two patterns that are fighting the V shape pattern and the art formation We're going to be following this very closely when I get to when I do my Tiger technicians out coming up in a few minutes Time I'm going to be discussing these monthly charts and what what to expect with certain things happen How a new all-time high changes the perspective at least in the very short term and how if it starts to fail today and Continues in the next two three days What the implications are let's get to the S&P the S&P right now S&P is down It is down 9 to 45 19 made an all-time high at 40 45. I believe it's correct 45 whoops 4537.36 yesterday It's a little bit below. There's an alternate count I'm gonna have to explain that when we get back and it's a leg D Remember leg D. You got to be careful weekly chart But only a leg B in the monthly QQQ NDX 100 trading down 1552 at 378 point 72 all-time high yesterday I hear again. I'm thinking I'll turn it count even though the technicals are still good One of the things that can happen really important IWM was acting very well now. It's pulling back a little bit It's down 35 Sensor 225 point 20 stored at a trap wave inside track repellent zone. This is going to be important Gold is up five still stuck in range, but it's in leg C It could go to a leg D very quickly stuck in Mac like a magnet at that 200 period exponential moving average crude oil is Down 72 cents also stuck in the lower range They're not the upper range and what's really important And that's something we have to discuss is that the TLT is right inside the trap wave inside track repellent zone It's up 20 cents at one fifty point oh five one of the implications if the TLT rallies or declines We'll talk about the when I return for the Tiger technicians out also check out my opening for my daily newsletter Be back in a couple of minutes Okay