 T F N N headline news update I run Basel Chapman here on this first day of September Wednesday, and we are looking at the Dow down 45 or 35,314 Really interesting having to about these two fighting patterns based on the Chapman wave methodology We remain short the Dow and the shorter term still a very long term. We've been along since Since essentially the low of last year But on a short term basis the Dow has just been stuck in this range. It looks like it can make a little bit of an oval pattern They're in the daily We're going to be looking at this very closely Why because the monthly charts have all of September to make new highs to extend the legs They're in and if you're looking at the S&P, which is down. I'm sorry. It's down from the high earlier today it is at 45 28 and Up 6.35 all it needs to do is get Did I type it in? I thought I had I'll do it again All it needs to do is that is the S&P needs to break above by one penny get above the high that was made three days ago of 45 37 36 it goes to point 37 And that extends leg B in the monthly chart for yet another month That's amazing and it is leg D in the weekly chart bumping up against resistance QQQ and DX 100 up 2.31 and 382 point 26 It has made a new high and that all-time high I have to consider this is not G but ready a leg C I always put in after putting the alternate count But I think there's more likely a leg C That's the reason why I think that there's a chance that in September The next few days going into early next week. There is a chance that we make new highs And then we've got to be careful because there is the holiday on Monday, so we're gonna be watching this closely Like in the weekly leg G slash C I'll talk about these notations chapter of notation in my show the Tigers conditions are coming up the IWM Now who's gonna be very important the IWM earlier in the day the futures went to a higher high But it's kind of stalling here and it's in this rectangle formation So it's kind of stuck for the moment gold is coming back nicely Gold is down just one. It was down a little bit more earlier on and Crudo took a dive Yep, it's down sharp down one I'll talk about all these when we get back with the Tigers conditions out All day in you said I'll be back