 This is TFNN, the Tiger Financial News Network Update. Good morning, everyone. Basel Chapman here on this Tuesday, the 8th of August, 8-8-23, we're looking at the Dow down 363th, this is 10 a.m., Tiger Financial News Network Market Update, and 35,105. Isn't that incredible? Yesterday we were up 400 points, look at that green candle, but you remember my whole analysis with this 9-period moving average is that it's a process, and until the green crosses negative below the 14-period moving average, you can get these sudden upspikes. It's kind of the character of this rollover. We'll see if that pertains to the S&P. Yep, the S&P, in fact, the S&P has finally seen the 9-period moving average cross negative. Now this is a big test. How long does it last? If we look at the aperture, the distance between the two moving averages over the next couple of days, that's the clues down 43 and 44.75, the double top at that 45.07 level, oops, was that 45, sorry, 46.07, a 0.07 level on the 27th. It looks like a distant memory at this particular point. Look at the QQQ. Also, yesterday turned down a pink 9-period moving average, 387.98 was the higher, can put it down. Out of this now, a cell mode in the daily chart. IWM, really ugly. Whoa, gaps down. Down 3.06 at 191.27 off the peak F-top, around about the 27th of July. We're looking at the gold. Gold is down sharp, is down 10 at 1960, is getting towards the lower area. 1950 to 1940 has to be maintained as support. We're looking at the dollar rallying. The dollar is up 58 ticks at 102.68. It's trying to go for the 103.17 200-period exponential moving average. That's been a big repellent. This is the big story. Is this a Chapman wave? Volume price climax low. That was four sessions ago at 94.54 and here we are at 97.16. We'll do more of that work as soon as we return for the target technicians hour and check out my opening call, my daily news data. We'll be back. This is an important session for the close. I'll be back in a moment.