 This is TFNN the Tiger financial news network Good morning everyone looking at the one-minute chart We just went to the little x that I typed in here for retracement. I had a Chapman wave Low Tring gauge reading yesterday and that says usually in the morning on the very next day the dow goes negative It hasn't done that yet. This is a very interesting session because it was buying from earlier on and that buying has remained in place But just about the last 10 minutes or so. There's been some selling watching closely does up 64 30 802 got repelled yet again right at the 200 period expansion moving average It's going to be a peak a if there's no new recovery high today I think it's going to be a little tough looking at the SNP ESP axis trading up 7 it was up quite a bit more But it didn't make a higher high above the 50 period moving average yesterday And I like the Dow in this leg a to the upside At 43 64 it needs to hold the 43. I say the 43 52 area Otherwise will go quite a bit lower, but this is a little digestion a digestion Phase after a fabulous couple of days actually a fabulous Ready from last Wednesday looking at the QQ Q. What have we got here? We've got the QQ Q source of trading up and it is at 369.65 it did make a fraction of your high in leg B. That's very good action and it's up a dollar oh eight and Let's see where we've got all we're going to get to the channel we've inside track Repellent zone I'll draw that in for my show coming up the Tiger technicians out in a few minutes time Then check out my opening call my data news that it will actually be all long the queues and you're along the Dow on a short term basis looking at the IWM IWM You got the IWM making a new recovery high and it's up 170 That's from yesterday 176.21 up 24 cents Ha, that's the big issue gold is up and gold is up $9 at 1884 That's very good action But I would have expected from the dollars turn it down and the dollars down a little bit here is down 0.07 right at that really it's a key support level and we'll talk about that as I say when I get back the TLT Is running very nicely for a change. It's up a dollar 31. I'll be back for the Tiger technicians our stay tuned See you in a few minutes