 and the tiger financial news network update good morning everyone basal chappan here this is tuesday the 14th of february so that means it must be happy valentine's day everybody well we're looking at uh the dow down 32 or 34212 interesting i've been looking at this and saying to subscribe we're in a rectangle formation until we start breaking out into 34,480 34,530 area could happen today you never know we're in this rectangle formation even if we did go a little higher you can see both in the in the daily and the weekly however we've got a chapter we've picked c1 c2 maybe even a c3 we'll see what happens the day is young uh we'll we'll know pretty soon within the next half hour or so whether or not we're going to break to the upside we'll start to store right here what's interesting is that the s&p which was down earlier on is now up seven point uh it's actually up 8.20 at 41 45 also stuck within this uh lower highs or much lower lows about to make a turn for the generally falling axe formation if it's against to the 41 68 41 73 area in the next day or two that'll be re-important but if it fails it comes back to the 41 uh 41 32 31 48 or just 28 areas we'll just store and in moments we're looking at the qqq which has gone up to a dollar 85 uh after being weak now it's a 306.34 also has the same pattern let me just draw this in right here i did not update that i should have look at that trend line right down there so we'll see if it starts to go into the 308.50 area that's really good or it might just store here we'll be watching it very closely in my show in the tiger technicians hour coming up in a few moments up 35 cents and the i wm uh gold uh gold is actually holding pretty well it's up four almost five at 1867 yes it's gone down sharply from that low that was up in the 1970s the area is 100 points lower but after that big smash to the downside is actually holding quite quite well looking at crude oil uh crude oil is down a dollar at 79 stuck in a range at the bottom the tlt and this is going to be quite important actually the tlt is in the lower range the rates are going high but they're really not going much high they're really stuck in a range and they'll continue to be that way for a while razzle Chapman tiger technicians hour coming up and check out my opening for my daily newsletter hope to see you in a few minutes great programming again tf and an old day we'll be back in a few hope to see you