 headline news update everyone Basel chapter here on Monday this is September 20th and we're looking at it down the futures were down huge earlier on they still down pretty deeply but they've come back some of the Dow is trading down 453 points at 34134 actually broke the 34,000 level this morning which is 33,987 we'll see by the end of the day if we get a chap made Roman candle at a low for at least a decent balance for a couple of days but this 32,987 low is really important to hold a break underneath that look already the weekly chart is saying this is obviously going to be a peak G at 35,631 and maybe we get even a peak D in the in the monthly chart for September with a week September we'll see the month is still young let's go to the S&P as you mentioned that for subscribers to an opening call we remain short the Dow we've got the S&P 45,4585 was the high remember the rotation of highs is different to the consecutive or the culmination of lows where within a couple of days you all the indices make lows this is very different it's spread out so we've got to take this by seriously on the second the S&P makes us high and it's down from the 45,455 level to the days of 43,56 that's that's a pretty big pullback and it's got the arch formation that I said will be quite difficult to do it would take I said it would have to be either Friday or Monday that it plummets down to the left side low 43,67 but today took it out reaction a little bit above it down to 63 at 43,69 and it is a peak D in the weekly chart let's go to the QQQ NDX 100 trading down 6.10 at 367.75 I'll go through some of these chart patterns in my show the Tigers technicians are coming up in a few minutes this is a sharp pullback leg D the doji candle there's a chance we could get a little bit of a bounce in the next few days but hey this is a serious blow 38,382 down to days low of 366 that's a big move look at gold gold is trying to rally here it's up a little bit it's up six points crude oil is what is that down a little bit yep crude oil is down quite a bit down a dollar and we've got the TLT we need to talk about that why because the yields are coming down that's effectively excellent 1000 trap the Tigers technicians are coming up in a few minutes I hope you can say check out 434 that's a really nice serve position