 is TFNN, The Tiger, Financial News Network. Good morning, everyone, Basel Chapman here for the Tiger Financial News Network, 10 a.m. market update. We're looking at the Dow down 76 at 35,075. In the Chapman wave methodology, we're always trying to identify the lowest low-bar count each successively higher peak, alphabetize them, A, B, C, D, E, F, G. That fourth highest peak, B, D, that we always say this is where you've got to be careful. But when it gets upgraded from a bicycle to a by-mode, it means there should be at least four higher peaks. We're in a leg C at 35,000 to 27. If we don't make a new high today, we've got, there's no time limit, usually just within a few days, you should make that leg D. The S and P is exactly the same thing. S and P has just gone to, there we go, S and P. Let me update that. Down 12, at 45,34. Leg C, that high that was made yesterday at 45, oops, yeah, 45,57,11. If it takes it out today, that extends leg C for fails, which I think it's going to do. I think there's a bit of a breather today. That's a peak C we should get. I'll talk about this all in my show, coming up the tight conditions hour. At least, at least, it's not that it ends there, but it's at least four legs higher to a D. Same thing with the QQQ. It's below yesterday's high. It's down 250 at 388.30. This too should go to a leg D, probably by maybe Friday, who knows. In the meantime, back at the ranch, you've got the IWM, which has been lagging terribly, is again down today 160 at 177.76. The 180 level is the 200-period moving average. Now, this to me, I wouldn't say was a surprise, but the extent of the rally is a bit of a surprise. Up 28 at 2008. Now, a couple of things. I'm going to go through this in my show, the tight conditions hour coming up. There are a bunch of things that I was asked about in terms of gold and silver. Yesterday's action, the fact that we maintained this high above the 200-period moving average, and the nine was still positive over the 14, tells me that I need to do a lot more work on gold to say what's coming up next, because if you look at this, the commodities, the crude oil, had a bit of a rally yesterday, but it's stalling. If you look at bonds, our bonds are up 730 seconds today at 116 and 230 seconds. It's not great, but it is a little bit higher, so yields are coming down. Basel Chapman tight conditions hour coming up. I hope you can stay, and I will be back, there's a lot to discuss.