 FNN, The Tiger, Financial News Network, News Update. Good morning, everyone, Baselchap and here this is The Tiger, Financial News Network, 10 a.m. market update, Dow's down 52 at 32,761, we're well into August, we're already the 4th of August, so we're looking at the Dow over the last four days, making this little cluster formation objective always in the Chapman Way Methodology, a buy signal should go to a buy mode, which says that it should, the price you're following should go to at least a peak D and then other things can happen, continue higher or it could just stall or it could pull back sharply. Here we are stalling at a peak D, little doji candle four days ago, we're looking at the S&P, which finally did that leg D yesterday and that was very exciting. It means that the 4187 200 period exponential moving average can be hit over the next few days for the first time in ages, but I do believe we're on the left side resistance, I'll talk about it in my show coming up, the Tiger technicians hour, as well as my webinar which is coming up a week from Wednesday, if I just drag this over you'll see front page Baselchap and live all-day webinar Chapman Way Methodology Wednesday, August the 10th, 92 and it's also Fed Day, so we'll be preparing for whatever the Fed does at two o'clock. What we're looking at here is the QQ2 NDX100 broke the left side high of 314.46, it's in leg E right now getting close to the 327 200 period exponential moving average, it's a 323 up 90 cents, this is where I'm expecting a lot of resistance is going to come into the different indices, IWM has got the left side high, it hasn't got there yet, it said 190.04 in leg D, we're looking at gold which is having a very nice move, it's up 22 at 17.99, the technicals are suggesting that there's a buy signal that very well could get updated by the end of the day to a buy mode in the dating chart, that's the first time I've done that for a very long time, we're looking at the dollar, just digesting huge gains in a big, well from the high of the 19th of July, 109.29, let's pull back to the 105s, it's trading at 106.29, I think it's consolidating and it could go on for a little while longer, the TLT, this is going to be very interesting, the TLT is trying to hold well after that PE at the left side resistance is at 119.31, just down four ticks and Crudel, this is going to be a surprise, Crudel's making the dreaded H pattern, the arch formation is at 8.9, it's actually at 90.06, I'll be back for the target technicians hour, hope you can stay, you're very excited to have a session and check out my opening call, they had some really nice positions, we'll be back tomorrow, hope to see you.