 FNN the tiger financial news network news update Hi everyone Basil Chapman here on this Tuesday the 5th of April my pleasure to be here for this tiger financial news network 10 a.m. Market Update does up 101 at 35,026 needed very quickly to get to the 35,000s so far the day is young but this is good action you got the S&P playing a little catch-up and I'm typing the wrong place gee what's going on you got a lot of screens got to know where you're typing these days sbx.exe there we go S&P another green candle it's very good it's up four at 45 86 struggling but it just got out of that resistance try trendline QQQ's had a spectacular day yesterday giving some of it back today down 252 at 366.70 this is really important speedies of the essence in this particular chart formation by Wednesday or Thursday it needs to be breaking above the high of yesterday which was 369.31 fantastic session on the day but then it needs to go over the 371.83 of a week ago to start legs c to the upside key support is in the 366 area 365.90 let's go to the IWM the Russell 2000 week again it's down 56 cents at 207.38 this is part of the story part of the story is that gold is in this trading band having a nice session day up 13 in 1947 it sounds like oh ho hum up 13 that used to be a big move now it's a big move but it's in a rectangle formation crude oil same thing crude oil is up 61 cents at 103.89 also stuck in the range after having a spectacular move to that 7th of March high in 200 129 area TLT gosh TLT down again 115 down 1.15 at 130.30 these bonds the yields are really having a tough time this is going to be a really important session we want to see how high the QQQ's can go and this time the Dow is starting to lead yesterday the Dow was lagging so I love the balance of switching off from one sector to the other to be that's a very positive sign at least in the short term oh the Dow's up under 68 that's what we want to see I'll be back in a moment for the Tiger conditions hour don't forget a week from tomorrow I do my webinar for subscribers to my opening call