 FNN. The Tiger. Financial News Network. Update. Good morning everyone. Basil Chapman here on this Tuesday the 22nd of November and we're looking at the Dow up $197 at $33,897. $33,987 was the high six days ago. Got really close today. Got up to $33,950. I've been saying to subscribers to my opening call that $33,900 should be strong resistance a little longer. But we've had a digestive phase because you can see that the S&P hasn't come back to its recent high. It's trading at $39,666. It's up $16,000 and the previous high was at the 200-period moving average and that resistance now is at $4,023 looking at the QQQ. It's made a peak detop in the short term. It's trading down $281.26, down $0.65. It's kind of struggling here but really when you think of it as a digestive phase it's not too bad. IWM, same thing trading up $0.28 and $183.04 and we're looking at gold. Gold had a very nice earlier move. It's now up only $3.7 at $17.43. It's trying to make the $17.34, 14-period moving average a support level because the dollar is trying to rally here. It's coming off the low. It's up $0.32. $107.51 had a really nice session yesterday but these are countertrend moves considering that the major trend for the dollar in the short-term intermediate term is down. Looking at crude oil, crude oil is up quite sharp. Yesterday it ran all the way to the 75s. Today it's at $81. It's up $1.44 at $81.47 holding quite well actually and the TLT which is bonds. Bonds are trading up 77 ticks at $100.83. I think it will make that leg D just above the previous high and that was five sessions ago on the 16th and it'll go to $101.46 or higher to start leg D. That's what I'm thinking. That means that yields could come down a little bit more. So the digestive phase is continuing here but holding really well and I'll be back in a moment for the Tiger technicians out. Check out my opening called Daily News here. See you in a few moments and don't forget if you're not going to be around for the next few days. Have a wonderful Thanksgiving.