 News Network. News Update. Hi everyone, Basel Chapman here. This is the 10 o'clock Tiger Financial News Network Market Update on this Friday, the 3rd of June. We're looking at the Dow down 186,000 to 30,062, really nice over 400 point rally yesterday. Almost increased leg A to the upside and say we've made a peak A. This is now a buy signal technically, waiting to get a confirmation of a buy mode. That'll happen if we can close above the high of yesterday, which is 33,000. I believe it was 272. I typed it enough times. 33,272, yes. That was the high of three days ago. What we're looking at is the S&P. So this sell-off so far is starting to find some footing and the S&P is down 38 to 41,37, was as low as 41,17, 20 points off that. That was a leg C to the upside. Looking at the QQQ, NDX100 is trading at 310 minus 4. That was a really good rally yesterday. Actually, it was a very good rally yesterday. Let's see if we can get back at least some of that. We've had a pullback, the expected pullback that I sent to subscribers to open a call. We can anticipate that. Now we're looking at the IWM, which is the Russell 2000, acting very well down 86 cents, at 187.92 in a leg C. This is quite good action. Let's get gold. Gold at this particular point is down five points at 1866. It's right on that 200-period moving average. Let me just see the GDX. The GDX is under the two. It's in leg D under the 200-period moving average. This is going to be a very big test of gold's strength. The dollar is holding quite nicely. It's up 20 cents at 101.97 in a digestive phase since the 105 high that was made just a week and a half ago. We're looking at the TLT, which is bonds. Bonds are down again, down 94 to 115. The bond market is doing the Fed's work for it. It keeps pushing those rates higher. What can I say? Looking at crude oil, that's going to be very interesting. Yesterday, this time, I said crude is down. No, it was actually up in the end. And now it's up again, 99 cents at 1786, holding really well. Try to get back to that 120 level just under 20. We'll see what happens. The day is young. I'll be back for the Tiger technicians hour. This is going to be a very interesting show because we've got a lot to look at, a lot of pauses in a couple of minutes. See you soon. Otherwise, check out my opening call on my daily newsletter. Have a great day. It's a flash.