 Good afternoon everyone, Basel Chapman sitting in for Tom and Ryan giving you the Friday the 7th of July, 4 p.m. market close update. We're down 187 at $33,735. Just to make it clear, a close under $33,590 any day next week says we could go further down down to the $33,300 level and the 200-period moving average and the resistance now is very strong at $34,050. Looking at the S&P, S&P also actually was doing very well. It opened down sharply and then ran up all the way to $44.39 and then gave it all back and now we're trading at $43.99. It's the same story with the S&P. If the S&P starts to trade under $43.50, then the low that was made on the 26th of June of $43.28, that becomes imperative to hold otherwise we go even lower and the resistance is now at today's high of the $4.40 area. We're looking at the QQQ and that's going to be fascinating because it held really well. Even into the close was down $0.90 at $366.59 but the nine-period moving average just like the S&P is holding very nicely above the $14,000. That's why I call this a process of turning down. It just, it couldn't happen all in one session with this nine-period moving average so strong but it could happen by next week. So watching closely of $33.88 is taken out. You can see the low that was made on the 26th of $357. I'd say under $356 and this goes quite a bit lower. IWM was very good today, gave back some but it's still up $218 and $184.93. We'll see if the small caps can hold next week while the others take a bit of a rest. So the key support level is at $181 and a break above today's high of $187 would be very good. Looking at gold, gold is just trying its best to form some kind of a base but it's a real struggle that turns a period moving average of $1936 is such strong resistance. So you'll have to go to $1948 to really start to show it's got some strength but it's kind of lagging and the talk about lagging. Look at the the dollar smashed to the downside 86 ticks at $102.27 and look at the TLT. There are a lot of negatives right on this very short term. I'm looking at the daily charts telling me there's a shorter term consolidation taking place. We've got to watch this closely next week. Have a wonderful rest of the weekend. Have a wonderful weekend in fact. Call me back on Monday and I will be back for the tiger digits out. Check out the tiger dollar sale going on right now. It should be a real bargain for you. See you on Monday.