 Everyone, Basel Chapman here for the 11 a.m. tiger financial news network market update and we're looking at the Dow giving back quite a bit giving back over half of yesterday's gains sometime today already it's a 34302 down 291 but the S&P is holding way better in fact the Dow which was a leader is not taking a bit of a breather very nice the S&P is down just two at 4077 have you made a new recovery high is trying I still got Friday to go for the weekly chart but it's trying desperately to break that resistance level we've seen it occur back in August we saw it back in April you could repel that this inside track repellent line we'll see if it's able to break through looking at the QQQ it is broken through and that's very important it doesn't even have to hold there as long as broken through once that's a good sign it's best if it's able for following week to have a follow through up session and right now it's up 48 cents at 293.92 a little toppy in the daily chart but looking pretty good IWM Russell 2000 is trading let's see it's up 5 cents at 187.42 off the yesterday's huge gain this is good but it's stuck in that 200-period moving average resistance we're looking at gold has it given back a little bit yet yeah it's given back just a little that it's spectacular move still spectacular 50 at 1810 nicely above the 200-period moving average of 1789 that makes it key support in the shorter term weekly chart finally got to a leg B we're looking at crude oil crude oil had a good move up out for the last four sessions green candles very nice move to the 8269 level up 2.14 the 200-period moving average which has been a full chrome going up and going down at 84 is going to be the target on the upside if it's able to break out looking at the looking at the TLT that is the bonds very nice move up and we were looking earlier at the 10-year yield coming down this is good action up 88 cents at 103.61 dollar gave back a huge amount it's coming off the low but while it went under the 200-period moving averages down a dollar at 105.05 so with that said this is going to be a consolidation day after yesterday what happens tomorrow into Tuesday is going to be absolutely imperative to monitor say you got great program for the rest of the day don't forget Tommy junior starts us off at 9 a.m. with the morning market kickoff fabulous so covers the fundamentals together with the technicals really good program and of course we've got great programming coming up stay tuned I'll see you tomorrow have a great day check out opening call daddy newsletter