 FNN, The Tiger, Financial News Network, TFN News Update. Hi everyone, Basel Trapp and here at Tiger Technicians Hour coming up straight after this Tiger Financial News Network 10am market update, Dow is down 61 at $35,049. You can see, I drew this in yesterday, you've got this what we call the Chapman Wave Insight track repellent zone in the falling ax formation, the Dow by Tuesday or Wednesday, it really has to be fairly soon, needs instead of breaking underneath 34,900 support needs very quickly to start moving up into the 35,600 or higher area by maybe Tuesday or Wednesday of this coming week to say it's going to make and I drew this in, I had a question during my show about the pattern that I'm looking for and I'm looking for this arch formation so that there's going to be a lowercase h and it makes a lowercase m as it trades within a range, a trading range, if you look at the S&P you can see the same thing here, S&P is now up 14 at 44.91, it's got quite a bit to go to go to the 4,600 to start a move that says it's in leg C, it needs very much to hold the 4,482 area very short term and then you can start to see this h go to a lowercase m pattern, we're looking at the QQQ of course got smacked yesterday with Facebook, Facebook was down even more earlier this morning, we're looking at the QQQ's up 260 at 356.20, this does not look like a great pattern, this is the one that says sell mode in the daily, sell mode in the weekly chart, no change yet, we're watching that monthly chart really closely, we're looking at the IWM, the Russell Smallcaps not doing very much down 77 at 196, we're looking at gold which was earlier on, running quite a bit, then getting smacked down after the jobs report came in, but now it's at up 1.5, this gold contract is stuck in a range and it should be doing way better because the dollar, unbelievable, the dollar has gone from the 97.40 area in the dollar index down to the low 95.14 and yet gold hasn't had a commensurate, what do you think, 35 to 50 point high, push higher, look at crude oil, breaking out in LED in the daily chart, this is really quite something up 2.61 at 92.80, I'm going to have to talk about this in my show coming up, the Tiger Technicians Hour and don't forget, check out my open and call my daily newsletter, I'll be back in a moment and we need to talk about on deposit and more deals are breaking out.