 And the tiger financial news network update good afternoon everyone four o'clock tiger financial news network market update and this basal Chapman the Dowdown 56 at thirty three thousand five sixty two and a little arch formation right here i'll give you the parameters to look for if anytime in the next two days the Dow starts to trade under thirty three thousand two hundred that's a problem because it could quickly test the thirty three thousand level or even the thirty two thousand nine hundred said it was at four sessions ago but if it seems to be holding support buying keeps coming in but it's the end of the day that really counts and the end of the day started to see some weakness so if there's a turnaround you will need to see by Friday's close at least a test of the thirty three thousand eight seventy thirty three thousand nine hundred that's going to be really important s and p closed down as well actually it was weaker than the dow all day dow was down point seventeen in the end s and b was down point forty six percent that is point four six down eighteen at forty one nineteen uh it's really struggling let me just get rid of this so you can see the daddy child on the left a little clearer this is the weekly chart you see the the weekly chart says that the ten fields has confirmed the retest of the forty one nineties that was made earlier on this year so that's a good that's important but what's really important is that by Friday there's at least a test of the forty one fifty eight to forty one sixty area definitely must hold forty one forty ninety two to forty eighty eight looking at the qqq i'm going to save the qqq and actually a pretty good day just down two at three two and one sixty six but look at the way it's bumping into this resistance i was looking at apple just a moment to go for one of our dinners also bumping into resistance i was looking at uh microsoft as well earlier on in my show the target conditions are this is still showing good good strength up here but you've got to see that strength continue within the next day or two because if it starts to fail the market's becoming a little bit vulnerable i wm was a little bit weaker down forty three cents now gold is going to be the watch thing gold had a good move nine points up to 2041 level if it's able to get above this candle three days ago and is able to close above 20 uh what is it 2061 that'll be fabulous action i think it's just stuck in this range for now digesting these huge gains from last week and crudel did very well and is trading up 30 cents have a wonderful evening see you all tomorrow um check out my daily newsletter and i will be back tomorrow at 10 o'clock from the tiger technicians hour have a great evening