 NN, The Tiger Financial News Network News Update. Good afternoon everyone. This is a three o'clock Tiger Financial News Network Market Update and we're looking at the Dow minus 24 at $33,595. It's really working hard to hold the gains that it made on Friday but it is doing that. That's quite impressive. S&P same thing. S&P is down 12 at $41.25. The QQQ is down $1.80 at $321.88. A little bit more severe on the downside but it's had a fabulous move up. I'll talk about the resistance when we come back for the Tom O'Brien show in a moment. This is Basil Chapman speaking. We've got gold. Gold is up $9 almost $10 at $2,042 sitting in that range. Good action especially when you consider that the dollar which is given back some of the gains are still up 17 ticks. They're 101.57. Crude oil is holding very nicely off to two really good gains Friday and Monday Wednesday. No, today is Tuesday and it's holding very well. It's up $0.47 at $7363 and the TLT bond still stuck in the range as we've been discussing on the daily chart. It's about to test at $102. It'll be testing the left side lows but the monthly chart, the weekly chart just is stuck in a trading range and it should stay there for a little while to come. What's even more important about this is that we've got the VIX index at up $0.48 cents at $17.46 and this is something I will be watching over the next week because if at any point it goes into from $17, if it starts to trade, not just go there trade for a couple of days between $20.50 and $21.80, that will certainly hurt the market but so far the VIX is saying there is buying pressure coming and not selling pressure. So with that said we'll be coming back for the Tom O'Brien show and just as we're about to leave that the E-Mini, I want you to show the chart and we'll talk about that when we get back. E-Mini has just been trading in a range between $41.46 and about $41.32 all day. But wait, look at this. This is the gold contract, the continuous gold track. Look at this beautiful arch formation with symmetry from the left side low to the right side. It's just taking out the left side low, it's trading up $9.2 but and the $120 season, a $10 minute season, we'll pull back a little more. I'll be back in a moment for the Tom O'Brien show. That was our channel.