 All right everyone, Basel Chapman here for the 3PM Tiger Financial News Network Market Update. That was up 19,000 to 34,502. It had a screamer of a run today up to the 35,000 level and then all of a sudden news I guess unfolded that just the market didn't like and I pulled back really sharp and now we're only up 12. The S&P, same thing, S&P had a really strong day, went above yesterday's high in fact, it went all the way to 46,52, it's trading right now at 45,82, that's quite a pullback, it is now only up 15 and it was up, I mean you can imagine up 80 or more points and now we're looking at the QQQ, the NDX 100, same thing actually trading now at the low of the day, it's a 93.22 down 61 cents, it was up all the way to 400.48 but it needs to go higher than that to extend that leg that we were talking about, I'll talk about these patterns in a moment, let me just show you this briefly in the Chapman Wave form, we're looking at a sharp move down and then an arch formation that fails at a peak A or B and breaks the left side low, that can become quite serious, so we're watching this very closely because the QQ's NDX 100 has been a leader for most of the year, IWM had a fabulous early move and now it's down at 156 at 216.59, not very good, almost at the low of yesterday, and we're looking at gold which is doing okay, it's up about 7 points at 17.85, it needs to get to the 17.84, sorry, 18.08 to the 18.12 level, we're looking at the dollar, the dollar is holding okay, near the recent highs of 96.64, it's at 96.03, it's just up 10 ticks, what we are looking at though, this is going to be very important is that bonds have had another rally going from the low today of 149.79 to the TLT trading right now at 151.73 towards the high of the day, this is suggesting that yields are coming out, we'll talk about that when I do the Tom O'Brien show in a few moments time, and what's really interesting about this is that the Fed is talking about raising rates, but in fact it's doing it by themselves and Crude Oil is down, it was up earlier on, it's down 58 cents, had a very big pullback from the 85 to the 65, I would say 20 points is a big pullback, we'll be back in a few minutes for the last hour of trading, now that you're sitting in for Tom O'Brien, look forward to it, should be a great last hour, I'll be back in a few moments, I hope you can stay and don't forget my opening call, my dating music, I'll be back.