 FNN, The Tiger, Financial News Network, TFNN, Headline News Update. Good morning everyone, Basel Chapman here on this Tuesday, the 12th of December, we're looking at the Dow, what can I say, it's actually down, it's red, minus 5 at 46.16, back in your recovery high yesterday, hasn't taken it out yet, the high today is 46.18, well I'm looking at the S&P, 46.18, the Dow has taken it out, the S&P so far hasn't, the high today is 46.18.43, yesterday's high was 46.2371, the Dow this particular, oh that was the S&P down 7 and the Dow is down 21.00, the Dow is at 36.387, it did make a new recovery high. I'll talk about the notation, tapwave notation, what it means, a bunch of things that are coming up in my Tiger Technicians Hour in a few moments time and I'll be talking about that in my webinar coming up a week from tomorrow about what the sectors are that are starting to improve and what do I expect for the coming quarter in January for every March, I'll talk about the weekly charts, what they're implying, I'll be back in a moment with that but QQQ trading right now, up a new recovery high, 396.03 IWM was lagging a little now, it's pulling back $1.40 at 185.79, let's go to gold, gold was up earlier last evening, now it's up about 3 at 1990, 6 pullback from the high of 2012, looking at the dollar, the dollar was showing a little weakness, it's come back a little bit, it's down 9 ticks at 103.99, acting, this 200-period roofing average has just been incredible resistance, there it is right, I'm pointing to it here on this daily chart on the left, weekly chart in the middle, monthly chart on the right. US bonds are down 230 seconds, they were up about a half a point last night, then they went up to 120, 930 seconds, now that 118 and 30 seconds, I'm going to be talking about this because as I see it, we're going to be watching yields, crude oil, the dollar and the general market in terms of the relation of where we are, what we're looking at in terms of key support levels that need to hold for instance, crude oil and the bonds and why yields if they go a little higher than this, could be a little bit of a barrier to the market short term, I'll be back in a moment with the Tiger technicians out.