 Here on the 21st of September, Thursday at Wednesday Tuesday, excuse me, it's been quite a day already up 234 in the Dow at 34,208 smashed out almost 1000 boys down yesterday and then all of a sudden there was this late rally rally continued overnight we did have a Chapman wave, Hydron gauge reading yesterday which suggested there should be a sharp rebound within two days in the E-mini we've had that I will see if this can be sustained I suspect we're going to be very close to fading but we'll have to see what happens here. Meantime back to the ranch I also had a very low Trin gauge reading which always suggests that the following session that'll be tomorrow the Dow should go negative at least early in the morning before a rally attempt we'll see if that happens. Now what's really important is that we're looking at the S&P, the S&P is also coming back off the intraday high it is up 21 at 43.79 had a high of 43.94 so we're going to be watching this closely I mentioned to subscribers that we've got a patent that I call Chapman wave this right here is Chapman wave Roman candle this is one on the downside and if there is a close above the high of yesterday which was 4402.95 a close above not just a rally but a close above it within two sessions that's usually a very good sign and it says that you're open and close in this case the open yesterday was 40402 is that correct no I'm sorry yes 4402 and the close was 43.57 that 43.57 level then become a very strong support very short-term that is so we're watching this QQQ and the X100 pulling back after bounce as well it's gone from the 382 level back on the 7th of July to a low of 360 yesterday that's a huge pullback 12 points anyway it's running a little bit here it's up a dollar 43.367 watching this very closely IWM the Russell 2000 at the very week there it's up 48 cents but it's it's pulling back gold is having a nice bounce here our gold is up 11 points and the TLT very important bonds bonds are now down I'll be back in a moment for the Tiger take Christian's hour don't forget to open the form I gave you news letter back in a moment