 FNN. The Tiger Financial News Network. News Update. Good morning everyone. Tiger Financial News Network, 10am market update. Basil Chapman here and this is the Thursday 21st edition December or close to wrapping up the month. Well, talk about wrapping up the month. You see this little doji candle right here? That's something we have to watch closely. It's the weekly chart. The Dow is up 241 points having dropped almost 500 points actually over 600 points from the high of yesterday. Look at that big red candle in a leg F. There are a whole bunch of connotations I'm going to go through in my show coming up the Tiger Technicians Hour. But in the meantime back at the ranch, we've got to see if the low of yesterday is taken out on a closing basis in the next couple of days. It means, okay, we've got that period of rest that I said a digestive phase is possible looking at the S&P. We're looking at the S&P now up about 46.7, 47.33, kind of halfway into the wick of yes, into that very big red candle of yesterday. We're going to be looking at what happens if it takes out the low of yesterday as well here. But so far, I think this is more like a shot across the bow, but it isn't really the shot that does damage. It's a hint of some kind of, it was almost like a three-in-one session yesterday where there was an early morning part, then a mid-part, mid-day, and then the final really crunch to the downside. They could have completed a bunch of things. We're up 354 in the QQQ and the IWM, the Q's made a high, all-time high yesterday. The Russell 2000 is up 234 at 198. Yeah, we'll have to see what happens there if we can hold the 195 area through tomorrow. That's good. Looking at the gold, gold is up $6 at 2063. You can see it's just trying to walk the nine-period moving average here, acting okay. It's not great, but it's not acting bad. He's just asking okay, but if you look at the dollar, the dollar is acting very weak. Even though the dollar right now is down 0.59 at 101.87, it hasn't really impacted gold as you would expect, so they're really kind of independent right now. Crude Oil is trading down 63 cents and bonds, here we go, bonds are up for 30 seconds. I'll be back for the take-out. This is going to be an exciting session today again. I'll be back. See you in a few moments. Check out my opening call and my video from last night.