 T.F.N.N. The Tiger Financial News Network T.F.N.N.N. Headline News Update Good morning everyone, Basel Chapman here on this Tuesday the 16th of April we're looking at the Dow and this 10 o'clock Tiger Financial News Network market update. 10 o'clock we're looking at the Dow up 132 and 37,867 in a decided sell mode but this is if you look at the chart over here so I send our subscribers every day you can see there's a whole plethora there's a plethora of support levels here right here in the 37,600 and 700s right there so we should attempt at least to get some kind of an oversold bounce we'll see if that's going to unfold over the period of the day we're looking certainly the Dow we've got that right now but look at the S&P and this is kind of upsetting if anyone's bullish because look at that huge move down yesterday and now we even below it and that nine period moving average look at the distance between the black 40 period moving average right here in the pink that that aperture is just very wide and it's suggesting that in fact I've got to constantly watch that weekly chart because it's right on the 14 period moving average support right now the S&P is down 327 and 3.27 and at 5057 look at the QQQ also attempted a rally but hasn't got much going here it's a 40 cents a 431 off 0.46 after this being repelled to the chaplain wave inside track propellant zone now a very serious repellant zone and I'm watching this weekly chart sitting on the 14 period exponential moving average IWM the Russell 2000 ugly down at almost two dollars there at 193.80 this is this is not a good sign and it says that the 192.07 200 period moving average is kind of a target there looking at gold gold is holding very well because even though it's only up 2 only up 2.5 at 23.85 you know not all the gold stocks are doing the same thing so gold is holding well because it's that precious metal that is the geopolitical go to sort of the icon that is a gravitational pull when there's chaos but look at this blondes down again another 22.30 seconds ah not good what's crude oil doing crude oil is now down just 19 cents holding quite well I'll be back for the target editions our checkout moment called daily newsletter see you in a few moments another one of those days that's going to be a very telling day yesterday we saw the estimators act