 T. F. N. N. headline news update. Hi everyone, Basel Chapman, the host of the Tiger Technicians Hour, coming up straight after this T. F. N. N. midday update, the Dow is down 394,25,380 yesterday I was talking about this arch formation, made a big thing about this 14-period exponential moving average how 4 out of 5 sessions it went right to that line, got repelled, the date gaps down and I said also 25,520,25,480 should be the sport that has to hold, otherwise it goes down to the 200, this orange line, the 200-period exponential moving average, it's right there now 25381, it looks to me like it wants to test the 25,222 lower the 14th of May, that's the Dow, the S&P at this particular moment is also down very sharply, it is down 42 at 28-13, it too took out all the support levels and now that low that was made on the, that was the 13th, on the 13th at 2801 becomes some kind of a target but it most importantly both the Dow and the S&P, it's this month, it's a weekly chart that is really the issue, so if we close sharply below the 14-period moving average in the weeklies, that's not a good sign at all, the QQQ index, the index 100 is down 3.22 at 177.79, it has taken out the 178th low of the 13th of May, not a good sign at all, especially in the weekly chart, IWM is also very, very negative, it's down below the left side support at 149.56 down 297, now Gold is having a nice spike to the upside, it's up 11 points over that 14-period moving average and it held, it went under yesterday for the last three days, it went under the support line I spent some time talking about and now it's popped up, the Mancini and Stochastic are not that great, so what has to happen if you really want to see Gold act extremely well, it needs to close at least two out of three sessions above 3306 and the Dollar had a nice early morning pop-up, now it's given back most of the gains, it's down 13 ticks at 97.86, I'll be back in a few minutes with my show, stay tuned, otherwise I'll see you tomorrow, have a great day and stay tuned for the Tiger technicians hour coming up.