 This is TFNN the Tiger financial news network Good morning, everyone Basel Chapman here on this 12th of July Wednesday. This is the Tiger financial news network Market updated 10 a.m. We're looking at 34,526 up 263 on the economic news that the market seemed to like very much a little deflation there We're up to 60. We just failed to get above the 34,588 high of the sixteenth. We went to 34,586.94. It's amazing. There's a little potential double top patterns Let me just have a look at the e-mini futures. Yep, it's just a rectangle formation. It needs to hold If there is a slice to the downside in the next 15 to 20 minutes below 45.05 then we might have made some kind of a very short-term top here But in the meantime the 9 p.m. Moving average is holding very well above the 14. We'll see what happens. Look, you've got the S&P The Dow is up 0.79% The S&P is up 0.97% up 43 at 448 2.97 It's gone above the previous highs. Is this a leg e to the upside? And what is this in the weekly chart? Is that a G? Well at this particular point and really with an instant restart it could be a g-snash seed and 9 p.m. Moving average all the technicals are actually very good So all I can say is price is the arbiter of a trend and what we're looking at is if in the next week Give it all the way through to the week from Friday If there is a close under 3286 and that's going to say okay short-term consolidation But in the meantime we've been kind of consolidating with a high-level Consolidation with high slightly higher highs and now we're going to see the big test over the next few days Candles hold and that's going to be the key. You're looking at the QQ Q37285 was the high on the 16th of June Roundabout the 16th at today's highs 373.31 a breakout and that becomes your leg D that we were waiting for to the exact week in the left side right side price time-match I'll talk about that when we get back. Let me just say gold is a really strong move to the upside. It's continuing up It's a up 21 as the dollar Pulls back even sharper dollars at the testing. I'll be back in a moment for the target conditions our check I hope you think you said it lots a lot to discuss