 Hi everyone, Basel Chapman here for the 11 o'clock Tiger Financial News Network Market Update on this Friday, the 9th of December. We're looking at the Dow that was down sharply earlier on. It's now coming back. It's up 15,000 to 30,000, 794, and I was talking about this in my show just a moment ago, Tiger Communications Now, that sometimes markets like to climb a wall of worry, but in this particular instance, the Dow has actually held a lot better than you'd expect. It's in this rectangle formation between 34,000, say 600, and the low that was made just four days ago of 34,000. That's not bad when you think it's had five or six days in which to really tank with bad news, hasn't done that. S&P is a little worse in terms of the pattern, but today it's up eight points at 39.71. It was earlier, it was lower down. It really needs to get to 4,010 to say, hey, I'm trying to go back to the top, we'll see what happens there. QQQ, index 100, trading very nicely now up $1.32. It actually led the markets yesterday to down a percentage basis so far. It's actually leading again. It wasn't earlier on. I like that. I think that's really important. You've got to have the index 100 moving well. IWM, Russell 2000 small caps down just a little bit down 40 cents at 180.40. Yeah, that's struggling. Wait a minute, gold, Fridays usually can't be horrible for gold. This is not bad. It's up seven at 1808. It's trying to get to above 1821 in the continuous contract to start Leg D. The dollar is pulling back or it was pulling back earlier on. Let's see where it is now. It's up 19 ticks at 104.98, really not going anywhere at this particular point. We're looking at crude oil, which keeps making lower lows and lower highs. It is up one, but really it's acting very poorly at 17257. Let me just sum this up. The day is young. Anything can happen, but most importantly, what you want to see is that this is what I want to see. I want to see the index, the QQQ, start to gain momentum to the upside. The Dow can relax a little bit. I want to see some leadership, the general current lead without the troops. You have to have the troops, and that signifies troops in the QQQ. Let's see what happens. The day is young. As I say, anything can happen. If you look at the E-mini chart, and I will be doing a webinar, a lot of it based on the E-mini coming up Thursday every week. Check out front page of TFNN. Look at the tiger dollars, and then check out my dating, that's an intraday trading webinar. This is a leg C, a new leg C in the E-mini above the resistance. That's the first time it's done that. Have a great day. Stay tuned for great programming. See you on Monday.