 Headline, news update. Hi everyone, Basel Chapman on this Friday. This is October the 15th, end of the week, and we're looking at a weekly chart in the Dow that is just about to test a resistance line. The daily chart, remember before weeks we've been talking about this declining channel, a little mini channel I call the Chapman Wave Insight Track Repellent Zone. It's now become a propellant zone. One of the reasons why we try to keep our long-term position from last year still intact is because it looked like we were using more time than price in the consolidation. I'm not sure the consolidation is yet complete, but look at the spectacular, we've up 302 points in the Dow, 35211, definitely weighing to the 35190 level that I said is what we're looking at as the next resistance. Very nice action. Today is young, we'll see what happens by the end of the day, so far so good. SMP, Leg C. I can't remember if I drew this during my show yesterday or not, it was afterwards, but what I said is in this particular technique which I'll be discussing in detail in my webinar coming up for subscribers to an opening call, that'll be Tuesday at four o'clock, go to the front page of TFN and check it out. There's a pattern that I call the falling axe formation where you come down, make low highs and much lower lows. When you take out that resistance point, there's a chance you can go one-to-one and I use it very carefully, specific levels that I look at, and that says there's a chance that the SMP can get to 44.79, it's at 44.65 of 27, even the QQQ lagging but still doing okay of 82 cents and 367 is testing that resistance line, but the IWM within the weekly larger rectangle formation is heading towards the upper part of the horizontal channel. And here we are, it's broken out above the resistance line, it's up to 17 and 228, very nice action. Here's the problem. I don't know if it's a problem per se, but it is a problem for gold. Gold is down 25, as I said before, gold is in a trading, a shorter term trading range. It went up almost to the 200-grid moving average, now it's pulling back, I think it's still in play, it's getting used to these big transitive moves, the TLT is pulling back, some yields are going up, and crude oil, I'll be back in a moment for the Tiger Technicians out, crude oil is up again, I'll be back for the Tiger Technicians.