 twerk tfnn headline news update everyone basal champion on this friday the 20th of august and this is going to be very interesting we've got an update today does up 110 on this very interesting end of the week because it's being a lousy action so far we've got the dowel having made an all-time high on the 16th at 35,631 plunging down to 34,690 about a thousand points very quickly but nice rally today we're up 113 at 35,007 i believe that the the daily charts are all the indices are in cell modes and the weekly charts they've just barely begun to actually show anything look at the s and p s and p right now is trading up 18 notes 19 let me just check that yep and what we are looking at is at 44,26 now it's up 20 you're above the you're just touching the 14 period exponential moving average you went straight down from 4,480 down to 4,367 big points yeah that's 100, 110, 113 points trying to rally back here so the daily chart is in a cell mode but the weekly chart as because it made a new high last week on monday i believe it was this still remains a leg d in the weekly chart we need to see a lower high than the 44,80.26 high and then we get a peak d look at the qqq so they've been the lagged in fact although they're lagged the weekly charts really flattening out of the top 369.91 was the high on the on august the 5th plunges down to 359 that's you know 10 points it's for the ndx 100 that's a sharp pullback but it shows nothing in the in the weekly chart and the monthly chart is still in legs c now we're going to look at is the iwm which has been the lag at all the time still lag it today although it's up a dollar 12 at 213 we're looking at a sharp move down from the all time highs tries to ready back makes a big arch formation in the weekly chart and we're going to see what happens i believe that the 207 low made months ago will be tested in this arch the second arch formation but in the meantime we can have a bounce in the 244 218 area goal this is the goal quickly before we end up with the tiger technicians hour coming up in a few minutes don't forget my opening call daily newsletter goal is down one crude oil took a bit of a beating and it is down very sharply it's down 31 to 60 390 i'll be back for the tiger technicians hour hold on he went back to the growth quick all day today i show