 This is TFNN, The Tiger, Financial News Network, News Update. Everyone, Basel Chapman here and this is the Tiger Financial News Network, 10 AM market update on this Wednesday, the 20th of April, it has about 191 points of 35,100. Finally broke that pattern. Remember we were talking about it? I say there's a really important pattern. Let me just see if I can get that I had it already and then I forgot to put it on. Yep, this particular pattern right here, where you rally right up and then you stall and you make lower highs or much lower lows, then you find a base and you find that base and it turns into a potential cup formation as it breaks that trend line and goes one to one to the upside. Well, we've got something like that now the day is young, we're not even 32 minutes into the market session of the day. We're looking at the Dow now making 34,970 is key support in the short term. This is really nice action we're looking at. The S&P as I mentioned yesterday is a similar pattern but not nearly as strong and it's really struggling. It's up 70 cents and 44.62. Now the theory has always been for me that we especially when we used to have I think it was three generals in the Dow, general general foods, general electric and general motors. And I used to always say the generals can't lead without the soldiers. I think we're finding with the Ukraine that in fact the soldiers can lead as well. But now you've got the Dow as a leader and you're not getting those soldiers. So this is a very different thing we have to analyze in a different way. Leadership here is very selective. You can see that the queues being smashed by Netflix is 100 points or something like that. Slide, waterfall cascade actually is not a slide. The queues are down three and a half or 342. What's really interesting is the IWM which is the Russell 2000 small caps is trying to find some support here. It become a little bit of a leader while maybe the Nasdaq needs a little more time to come and digest these huge losses that many have had. I don't know. We'll see the IWM is up a little bit. But most importantly we're looking at gold taking a bit of a breather that is down seven. As I said, it's in a range. It's not breaking down. It's just taking a breather. That's important. Same thing with Crudall. Crudall is unchanged today at about 102. Same thing. But the TLT, we're going to talk about that when I get back with my target, this is the moment that the TLT has to rally and yields need to come down at least for the short term. One.