 FNN, The Tiger, Financial News Network. Good morning everyone, Friday, end of the week and we've somehow survived the economic report, jobs report, 1,554 at this 10am Tiger Financial News Network Market Update, Basil Chapman here, $31,795, this is important, this is good, we want to see after that Chapman Wave Roman candidate was being formed yesterday, a close nicely above the high of yesterday, so far that's it, this is just the start of an attempt to move higher. Now the consensus from what I can understand is that either we're gonna smash to the downside or we've got two or three days of a rally and then we come back down. From the oversold condition that I'm looking at now, a couple of things are going to be important, I've discussed that in my show The Tiger technicians are coming up, but just let me show you what's going on here, look, the S&P also had a really good spike to the upside, it's now at the low of the day, open at $39.94, it's at $39.76 at this particular point, but it is up nine, the QQQ, nice rally from the low of yesterday, $397, goes all the way to $302, announced at $299, I think this is a work in progress and that we are trying to form some kind of a, at least a base from which to try to rally, it's an important IWM, the Russell 2000 small caps under yesterday's close, it's down $52.18, now this is going to be really important because gold is up $14 at $17.24, at the same time that the Dow is probably making a peak D here in the daily chart above the high of the 19th of July at 109.29 and leg E in the weekly chart, are we about to see something happen here in the dollar just to digest gains to give the market a reprieve, we'll see, looking at crude oil, crude oil is running out a little bit, it's up $1.88, it's in the lower range, the TLT, want to move down yesterday, it's up today $0.78 at $110.38, this is also really, all the markets are cusping, this is really important and we'll discuss it in my show coming up with Tiger Technicians Hour, hope you can say otherwise, have a great long weekend fabulous programming coming up all day and stay tuned to TFNN, I'll be back in a moment for the Tiger Technicians Hour, check it out.