 TfNN, headline, News Update. Hi everyone, Basel Chapman here on this Wednesday, the 9th of March, we're looking at the S&P up 100 at 40267. What I want you to show is the height that was made about 24 hours ago, a little less than that. Yesterday, at the, right about the 4265 level, plunged down to the 4140s and then it's had this move and I love this when you've got a huge rectangle formation with a trend line. You see this green dash trend line going back towards that top and you see a stair step move with higher highs and higher lows continuing and right now we're at 4268, 4268, we were at 4275 at 120 Eastern Time yesterday. So this is really a superb move and it has to be sustained. So this is the moment that you start to say, all right, can this be sustained into the afternoon? If it can, you want to see the VIX which is at 3215, actually pull back into the 31s and a good strong triple digit move to the upside continues in the down. This candle is so important. You want to see it take out the 90 and moving average resistance and then test the 14 by Thursday or Friday at 32615 to say it's not just a relief rally, it's a rally that could have a little bit more momentum into Friday over the weekend and maybe the weekend bad news comes about, who knows? But in the meantime, you want to see the condition, the oversold condition working its way up and all we're looking at is the S&P is up almost 102, 4269. This one needs 4288 and then 4316 as levels on the next couple of days to can't pull back. It just has to keep going. Q, Q, Q123, Q, Q, Q, Q, a nice session today. Not good enough. Q, Q129 at 333, you want to see it up at about the 336 to 338 level and that one has to be by Thursday, not even Friday but really quickly, IWM also very nice today, up 5.5 at 200. Gold is the issue. Look, gold is pulling back some, it's pulling back $44 at 1998. The VIX index, the VIX is pulling back, that's Dolly Vixie Bondi. So we've got, that's the VIX index of 3218. You want to see it come down to 31s later today and you want to see, look, the dollar is pulling back a little bit here as well and Dolly Bondi and Goldi and Vixie, oh, an oil, look at the oil. Oil is pulling back as well. Oil is down $6 at 5.5 at 118. You want to see all of these commodities pull back as the market holds. The gate is young. Let's see what happens. Holding tight. See you with Larry in a moment.