 work TFNN headline news update everyone Basel Chapman here on this Thursday May the 13th Tiger Financial News Network update we've got 10 o'clock update got the doubt 377 at 33,964 the plummeting from 35,091 all-time high four sessions ago so all-time high on the 10th down to yesterday's low the 12th of 33 587 so that essentially 33 587 that essentially puts it into a cell signal by the end of the day I might have to consider that it's in a cell mode in the dating chart most importantly what we were looking for for subscribers to my opening call we were looking for some kind of a bounce today which could be quite strong I'm going to talk about this sharp single leg eight to the downside in the Chapman wave methodology what often happens so that's going to be very important look at the S&P S&P coming down sharply 42 38.04 was the high four sessions five sessions ago dropped sharply down to 4056.88 I should mention that for subscribers we've been short the S&P we took a little profits off at the open this morning and we're also looking at this is a single leg eight down very sharp it's up 50 points at this moment up at 41 14 you've got the QQQ and the X100 so that's up 1.47 percent the dowels of 1.17 percent the S&P's up 1.25 percent so this is a nice balance but look at the move from 340 to 82 round number 316.00 yesterday but that's already a leg B so the the index 100 has already been in a sharp cell mode and I think it's in a stated way for a little longer and look at the IWM nice bounces and even better bounce up 2.53 percent at 217.538 we are long I'm going to be considering how we how we played right this particular moment we've been long since I think was in October November so we'll see how that plays out now look at gold just as we're going into the close here the gold is down just a fraction at 18 to 20 you're holding very well dollar attempted around it and couldn't work out very much it's holding quite nicely what we are going to be looking at is the TLT bonds this is rates are going high that's the way it looks I'll be back in a moment for the target the emissions are and check out hoping called data newsletter we'll be back in a few minutes and I hope you can be there too.