 Financial News Network TFNN headline news update good morning everyone Basel Chapman here at 9 o'clock Tiger Financial News Network market update on this Friday the 19th of April reading to the second part of the month and we're gonna see exactly what happens if you went to sleep last night 9 o'clock eastern eastern time and said oh the market was just kind of a little bit weak you woke up this morning you said oh the markets a little bit weak you would have missed this incredible almost 700 point decline of the Dow over 70 points in the in the E-mini look at this look at that huge move down and look how we come back from the low of 2220 that's 10 20 minutes past 10 the market came back from 49 was at 49 63 point 50 then I walked the 9 period moving average and I still doing quite nicely testing the 200 period moving average so it's gone from 49 63 to a higher 5,056 point 50 that is really quite something alright so that's the the response that Israel had to Iran's attack over the weekend another one one night wonder so what we're looking at here is this is go through this quickly before we run out run out of time you've got the Dow futures trading down just 17 points after going all the way down to the 200 period moving average at in the 37,500 area and come came come back nicely but the weekly chart is saying oh there's a problem I'll talk about that when I get back to do Tommy show you're looking at the E-mini went all the way down who's the ES the E-mini as I say it went down to the 49 63 level it's now trading almost it's 80 points high it's amazing at 5046 down just 2.75 at 5046 the NQ which is the Nasdaq plummeted down to the 17,200 back here at 17,516 that's amazing it's just going to be kind of the the reversal that gives you a new buy signal we don't know yet let's just look at the different areas we've got the Russell 2000 which down went down sharply now it's down only 4.40 gold and a big spike and then it gave back some but you know it's still holding why mid-east is still an issue that's all making it as simple as possible the dollar holding well while it's down 21 ticks but why is it holding the currency of import that's the one that people already respect and let's look at crude oil crude oil is down 45 cents but bonds that's going to be the issue yeah bonds up about almost a