 is TFNN. The Tiger Financial News Network Update. Good morning everyone Baselchapen here for the 10 a.m. TFNN market update and we're looking at the Dow up $12 at $29,301 and trying to ready a little bit more. I had a chapter of reading of a very high trend gauge on Friday which said that the S&P futures should ready sharply to help the market within two days. Sunday night it pulled back sharply and then it ratted early this morning. Now it's giving some of that back. This is a very important moment for a number of reasons. We'll go through that in my show The Tiger Conditions. I'll be coming up in a moment but let me just say that this arch formation, the dreaded H we call it because if it takes out the left side loan in this case the S&P we're looking at the level of $35,84.13 made over a week ago and here we are at so far $36.25 and getting closer and closer to that left side loan same thing with the Dow you're looking at the QQQ index 100 trading vehicle is now let me just put that softer is down to $267. The left side loan is $267.10 so far the day's loan is $266.57 so it's taken that out so that's a failure pattern it needs to close above that left side high within two sessions say who made it but we'll see what happens there IWM the rest of 2000 it has it's actually a lot better than most of the other indices on the day the weekly still looks very poor but on the daily it's down 38 cents and $168.27 the $163.28 low made at the end of September that we still quite a bit above that that's already important gold now this is something that was over the over from Friday the downward Friday into the weekend into Sunday night going into today does down 25 also pulling back sharply after a very strong move from late September and we're looking at the dollar and that's probably the issue the dollar is up 38 ticks at 113.13 that's a very very strong move if you're looking at crude or pullback now it's unchanged in 92.65 in the continuous contract it's a little extended should pull back a little more but it refuses to do that now the big issue here is that the TLT ah yeah yeah it's down even more is down at 100.04 at 90 speed that means the years are going up i'll be back with the time the technicians are on check out my opening call day hope to see you in a few minutes