 is tfnn the tiger financial news network update everyone basal chapter here on this uh friday the 18th of march tiger financial news network 10 a.m. market update dowsdown 130 and 34 350 really stupendous move to the upside yesterday went right to the 200 period moving average in the last uh about 15 months it's sneaked over it giving some of that back today when I teach your subscribers after a move like this um you'd expect about a 20 percent pullback from the last hour's big gain and that's kind of what we've done now the market's ready to participate in whatever happens now we're also looking at this has gone from a buy signal to a buy mode in the daily Dow chart the s and p has also done the same thing s and p at this particular point is down just two at uh let's see 4409 really important to get into the 4400s this week as we said a couple of days ago this is just a leg oh 4 4 11 oh it hasn't broken above the previous high if it goes about 44 16.78 today or monday then we have to consider that's going to be a new leg see we're looking at the q q q 123 there we go um up very nicely up a dollar 12 with 345 59 it really needs to get to the 349 351 area by monday to say hey we're going to go even higher an i w m is the russell 2000 he did very nicely in fact it's it's moved in the h pattern that goes to a lowercase m pattern it's into its third art formation it's up 54 cents in 205 166 hasn't broken out but the technicals are actually improving way better than some of the other indices we're looking at the um uh gold i haven't looked at gold so far gold is down about nine points at 1934 friday anything can happen on friday i think gold's just digesting those huge gains looking at crude oil crude oils also doing the same thing it's down dollar 31 and 101.67 it did spike up to 104 here as well there's such a huge move what's really important at this particular point is how's the tlt doing is the tlt about to have a decent rally if you say yields can come back a bit or we step this low area in the low 130s we're at 132 26 i'll be back for the target technicians i hope you can stay check out my opinion that's a pretty nice position this week i'll be back in a few moments otherwise have a great day