 FNN the tiger financial news network update Good morning everyone on this monday the 28th of august is about to wrap up the month of august and so far the dollar is up 266 today at 34,610 was really important you see this trend line right here called the chaplain wave inside wedge target support line it hit it so many times and then we had a really nice bounce on friday off this line and now we're testing the 40 period exponential moving average resistance 34,652 is that level and we hit it we've pulled back a little bit now we're going to see this the trend so far is still a downtrend in the main and we're looking at the s&p s&p right now is also so the dow is up 0.78 the s&p is up 0.58 percent up 25 at 4431 it's in this choppy sideways range which i said just subscribe to my opening call i think we're going to see some kind of rebound but basically we're going to be in a choppy sideways range this week at least for the first couple of days that's the way i'm looking at it qqq a nice bounce and then a sort of give a gate back some of it is up a dollar 66 and 365 72 up 0.46 percent stuck in that range iwm rustle 2000 up 1.4 percent that's good up 2.60 at 2. yep 2.60 at 186.50 at the 40 period moving average i would say that by friday this coming friday we'll see finally money's coming into the small cap so far not s&p try to rally uh they're up just a little bit right now up 75 cents at 149.83 just stuck in that lower range and video's part of that we're looking at gold up a little bit gold is up five and a half at uh 1945 holding the pink nine period moving average just gone over the 14 that that's turned up but we haven't crossed positive yet going to be watching that closely looking at the dollar dollar pull back a little bit but it did make on friday made a new recovery high today it's down to eight ticks at 104.12 looking at high grade copper high grade copper is trading uh up no it's yes up just a fraction bonds really we've got to watch those ones very closely bonds are holding quite nicely up 9 30 seconds and crude oil uh crude oil is up nine uh up 74 cents in this range holding also quite well i'll be back in a moment for the tiger technicians out see you then um hold tight good programming here all all we all all day and don't forget time