 T.F.N.N. The Tiger Financial News Network. News Update. Hi everyone, Basel Chapman here on this Tuesday, Tuesday the, what are we doing here, Tuesday the 17th and we're looking for this Tiger Financial News Network, 10 a.m. market update, we're looking at the Dow 341 points, a really nice move considering that there has been some pressure to sell it off, just like we've seen almost every day, but we've come back nice and strong, 1,351 at 32,576, good action because we touched the 14-period moving average for the first time in quite a while. In fact, since we broke down back in the beginning of May when we had that two-bar rally after the 2nd of May, Chapman Wave mini Roman candle, now we're looking at the SPS, this is the S&P, up 55 at 4063, it's above the pink, 9-period moving average, but it really has to touch by sometime this week, not only touch, it really has to close above the higher 4090, which is the 14-period moving average, that'll be a really good sign. The Magdi is very close finally to turning up, crossing positive, it hasn't done it yet, QQQ. This is what I said to subscribers to my opening call, we want to see the QQQ, almost like a leader, and it's up today, up 5 at 33 at 3.59, yes it got over the pink, 9-period moving average, 307.81 is the 14-period moving average, it's got to touch that this week. IWM the Russell 2000 up very nicely, up 1.96%, a 347 at 180.70, this is good action for the Russell 2000, let's see if we can hold it all day. Gold is rallying since the dollar has pulled back quite a bit, but it's now only up 1822, it went all the way to 1834, missed the pink, 9-period moving average, this is not great action for gold, in fact it's saying to me that the dollar is probably going to still have some more strength, even though it's pulled back very sharply at a pdf, I was considering it consolidate a little bit, we'll see the 105.01 in the dollar index, that was the high of three days ago. We're looking at the Kudor, Kudor is up nicely, it's up $1.21 at 115.42, this is really good action in leg D, you're looking at the TLT pulling back very poor action in the bonds, down $1.14 in the TLT at 114.72, I'll be back for my Tiger technicians hour, hope you can stay, it should be a very interesting program of course at this particular junction, clock it, hope you can stay and have a good check out those people.