 Financial News Network. News Update. Good morning everyone, Basil Chappanier for the 9 o'clock Tiger Financial News Network Market Update. We're looking at the Dow down 280 in the futures at $32,546. Now what's really important as I see it, if the support from the 23rd at $32,400 is pierced, that's not going to be a good sign because we have to go all the way back to the 200 period moving average of $33,000 to test to see if that can hold yet again for the last month. It's been a fantastic springboard for a move up. Looking at the e-mini futures, the continuous contract down 43 points at $39.89. Here you've got $39.70 as a really important support to hold. It got stored right at the 200 period moving average. We've been talking about that for about a week. Once again it got stored but it did push out of the inside track repellent zone in the weekly chart. This is a very important end of week on Friday to see what happens. Looking at the QQQ, the NDX100 trading down 458 to 283. If I look at the NQ futures, right here at $11,709, the $11,670 to $11,560 three levels are absolutely imperative to hold over the next two days. If later in the day the VIX index, which is at 20.20, starts to pull back and I want to see the Dow in this particular instance lead a rally rather than the Qs just because it's really important chart wise for it to do that. Then the Dow only down 120 to minus or minus 90 after $145 this afternoon will be a good sign for Thursday but otherwise it could be very ugly close. Looking at the, this is the end Q, looking at the RTY which is the Russell 2000 sitting on resistance on support right now at $18.79 down 15. It's actually holding pretty nicely. So $18.45 to $18.37 already key supports to hold for the Russell 2000. Now let's go to gold. Gold was down, it's down 12 in 1923. This is what I've been talking about. This is a digestive phase in the higher level consolidation. So how it holds over the next few days because 1890 is really important to support on the short term. Looking at bonds, US bonds up a little bit, 8.32, looking at crude oil, crude oil is, well crude oil is in a range in the low range. Have a wonderful rest of the day. Stay tuned for Tommy for the market.