 T. F. N. N. Headline. News Update. Here's Tom O'Brien. Hi, folks. Basel Chapman, the host of the Target Traditions Hour at noon. Coming in here for this 9 a.m. update. And the Taoist closed yesterday at 25,657. The futures are up about 11. Dow futures and S&P futures up about one. Very interesting action yesterday. A strong gap-up rally. And then it pulls back very sharply, but it closed the day quite nicely. So it created a candle that says, basically, within the next two days, if there is a push, it doesn't have to close. It just has to push above 25,796. And that'll be a positive short term. And if in the next two days, it closes below 25,544, that'll be a negative. Also, if you're looking at this chart on the left here, my daily chart, the weekly charts in the middle monthly on the right, if you're looking at the left side chart, you'll see this arch formation, smaller arch than the big one that went to the high of 26,241 on the 25th of February, comes down to 25,252. A push higher would delay the arch formation and just merely say sideways motion in a trading band, but it pulled back by the end of the day or tomorrow says, nope, we're going to probably test this trend line that we hit yesterday exactly and bounced off, but here again round about 25,432. Just real quickly, the S&P, as I say, is up a little bit to QQQ, which is the index 100, is also up a little bit, made a high on the 21st at 182.83, it's trading 179,24 right now. It needs to get back into the 181 area, because if it closes under 178 in the next two days, that's a big negative. Let's look at gold. At this particular moment, gold is down one and a half for 1319, struggling after that peak that was made three days ago, I call it a peak in the Chapman wave. So watch it closely. A close under 1310 would say consolidation unfolding, just a consolidation and a push above 1330, 10 points higher says, hey, this is not giving up yet, good action. The weekly chart says trading band for gold a little longer, the dollar had a little bit of a rally yesterday and today it is trading down 3 cents at 96.79. Pretty good action, also in a trading band. I'll be back to talk about it a little bit more in the coming up show. This is Larry Perzavento show that I'll be serving for Trade What You See. Stay tuned, I'll be right back.