 FNN, The Tiger, Financial News Network, News Update. Good morning, everyone, Basel Chapman here for this Tiger Financial News Network 10 a.m. Market Update. We're looking at the Dow on this Tuesday the 9th of January, down 260 points. It's kind of like we were seeing yesterday with the Boeing news and the Dow was down sharply, but then the S&P and the Q start to move higher and higher and higher, dragged the Dow up sharply, gave a lot back overnight, but we'll see what happens by the end of the day. I suspect that we're looking at this particular pattern. I'll talk about it in my show coming up. The target conditions are that we are going to see a choppy market where the sudden swoop to the downside in a few days' time, and then we'll see whether or not we come back for a new buying. But in the meantime, the S&P has come back off the lows just a little bit. It is down 25 points at 4,738. It did not make a new recovery high yesterday, but that was definitely a fabulous move. It kept the 9-period moving average positive. QQQ, same thing. Very sharp move up yesterday, giving back some today down 216 at 40277, the IWM. It did have a rally yesterday. It wasn't so great, and today it's down 265 at 194. I'm watching this closely. Now, gold isn't going to be important because gold tried to rally. It gave back some of the rally, but it's still up 7 points, but it's just stuck, and that 9-period moving average flipped to negative, looking at the dollar tried to rally yesterday. It didn't do very much, and today it's up 5 ticks at 102.34. It just stuck at a higher level, but stuck nevertheless. TLT is going to be very important because the TLT is down 23 ticks at 97.01. It's right on the 200-period moving average, so this is going to be something to monitor over the next few days. I need to go to crude oil. Crude oil did have a nice balance earlier on. It's still up 95 cents at 7173, but basically it's just stuck in the lower range. This is a very important moment in the markets. I suspect that yesterday's big move up was part of what I've seen before. If you remember back in August 1st, the Dow made its high, and then over the next few days, it pulled back and then had sudden big spikes that did not take out that high, and then started to charate. But the difference is that the on-balance volume here has been running. I'll talk about it when we get back. Baselchaff and Tiger Creek issues are coming up. I hope you can say, check out my with Nicole Daney Newsletter.