 This is TFNN, The Tiger, Financial News Network, News Update. Good morning everyone, Basel Chapman here. This is the Tiger Financial News Network, 10 a.m. market update on Friday, the 5th of May, and we're looking at the Dow up huge, it's at 439 points, we're going to go through all that in a moment. It's at 33,568, S&P is also very sharply, S&P is up 53, did I type that in the right place? Let me just do that again. Oh, is the S&P, it's a little late, there it is, S&P is up 53 at 4114, going right to the inside track that was a support level, that was resistance, we'll see how this unfolds. And yes, it designated sell mode in both the Dow and the S&P daily charts, but what I said to subscribers to my opening call, watch out, the QQQ has held beautifully, it's holding above the nine-period moving average, it's done that again, it's more like a rectangle formation, it can hold this level for a little while longer, it is up 3.73, up 1.18%, the S&P is up 1.30%, and the Dow is up 1.30%, very interesting, we're looking at it was really Microsoft and Apple and Meta that held the QQs up, and that's all you need, so we're looking at the IWM, which doesn't have those ingredients, up very sharply, up 1.7%, up 3 at 173.45, very nice balance, it always has these great balances, but as you can see the weekly chart just stuck in a range, talk about a range, gold, gold is down 47, 47 at that peak, the leg D yesterday I discussed it, doji candle, leg D, there's a whole, a monopoly of different techniques that I use for this particular kind of bounce to a new recovery high at a D, what happens next is really important for gold, you haven't really seen the comparable rise in the dollar, it is only up 12 ticks and 101.54, remember I like to think of these things all separately, that includes the VIX, includes the dollar, the gold, and bonds are down 1.1 and 7.30 seconds, I'll talk about it when I return for the Tiger Technicians Out, check out my opening for then the webinar I did on Wednesday night is archived for reviewing, I'll be back in a moment for the Tiger Technicians Out.