 TFNN, headline, news, update. Hi everyone, Basel Chapman here, Tiger Technician Zawa coming up straight after this TFNN noon update that dowsed down 386 at 24,961, underneath 25,000, first time it's been there since way back in early March. What's really important about this is the moving average, you see on this left side chart the moving average, the MAG-D is still very negative and the stochastic is at 24% and pulling back. That makes the resistance now the 25,222 left side low of the 14th of May. The S&P also is down very sharply, the S&P is down 33 at 2768, went right through the 200 period orange line, 200 period exponential moving average in leg D to the downside. MAG-D is also very negative, stochastic is at 15% getting closer to some kind of support level, most importantly now the resistance is at the open of 2790. We're looking at the QQQ which is the NDX100 down 2.11, at 175 38 down leg, just above the 200 period exponential moving average, the MAG-D is very poor and the stochastic is way down at 88%, also getting close to some kind of a balance surely. Weekly charts in all cases are actually quite poor so this is still just the middle of the week so we've got until Friday to go for the weekly charts. The gold chart is very interesting because gold is up 5, it really should be up about 15 under these conditions so up 5 is okay at 1288 but it really needs to get to the 1294, 1298 area to say that it is showing some kind of let's call it strength as opposed to weakness and that means that money is starting to flow into it as a safety haven, talk about safety haven, look at bonds, bonds are screened up to even gapped up from yesterday's gap up, up with the 129.82 level surely it's getting a little toppy over here but we'll see what happens because this is the with good technicals, the MAG-D and stochastic are really strong, look at this leg in the weekly chart gone above resistance so money is flowing out of equities as we've been discussing for a while, going into bonds when there's nervousness in the market, money comes out of the volatility of equities meaning going down into the so-called safety of bonds meaning some kind of safe haven, Tina there is no alternative I guess that's the phrase, I'll be back we'll talk about this in greater detail straight off to the break for my Tiger technicians hour then you get Steve Rhodes, Dave Wright and Tomer Brine have a great day otherwise I will see you in a few minutes