 TfN News Update Hello everybody, this is Basil Chapman and this is the last trading day of the week and Christmas Eve we're looking at here. Well, Christmas Eve will be tomorrow. We're off tomorrow and we're looking at the Dow up 210. I wish everyone a Merry Christmas. We're looking at the Dow up 212 and 35,966. Getting close to the 36,189. If we go above that, that'll certainly exceed that. It'll be very good. Yes, I've drawn the art formation in to say there's a chance to make a second art formation. But so far this is all acting very well for Subscribers to an Opening Call. We did go long early Tuesday morning before the opening of the Dow. We added to our call long position, long-term position. We added a trading position and we'll just see where this is going. This is one of those times where I don't know yet whether we're going right soon within the next two weeks to start our trip to the downside underneath 34,700. Well, this actually tries to an all-time high. So far the technicals are improving but they're not great. The S&P on the other hand is so close to an all-time high at 47.23. 20 points and it tests the old high of 47.43. Very good action, helping the weekly chart a lot. Look at the QQQ. It's been struggling. It isn't as good as the others in the chart formation. But it's acting very well today up at .84. 395, we'll talk a little bit more about this, how I'm going to raise the Chaff Wave inside track repellent zone. Now you've got other levels to look at. So if by any time next week we get to 401, that's a very good action. This whole three, 91 support on the short term. Looking at the IWM, the IWM Russell 2000, really struggling. Yes, it's up 32, but it's very, very weak. We're looking also at gold, which tries to get a rally and then it just kind of fails. It's 200-period movie damage. Look at it. It's like a magnet. It's like no matter what happens on the upside, how far it goes, even 1880. It comes back down and goes under, even if it goes down to the 1770s. It comes right back and now it is at 1806, struggling at that 200-period moving average. Look at Crude Oil. Crude Oil is acting quite nicely, but also it's up against the 50-period moving average. Not going anywhere, but not breaking down. So TLT, we want to talk about when we get back here. TLT is down the $1.29. Therefore, yields are going a little higher. This is going to be very important. I suspect we're going to see some selling towards the end of the day. We'll see what happens. I'll be back for my Tiger Technicians Hour. Take care.