 T F N N headline news update Everyone Basel Chapman the host of the tiger technicians hour and the author of the opening cold dating newsletter Coming to you here at this T F N N Noon update the dollars up 68 at 26,061 26,695 was the high on the 23rd of March all-time highs up at 29 26,951 300 points away very interesting moment. We've got you we've got the Fed Coming out with minutes at two o'clock. I think this is going to be quite important. This could be either an Explosive day that takes the Dow Close to its all-time high within two days or this is a period where we instead of in fact and go right through Resistance be deflact and we still we continue to really if you look at the Dow for the past two weeks It's just been in a trading band Some of the others might have gone up and even they have gotten a little stuck here So I'm thinking and not only that when you think of the Fed on the one hand, they don't really want to appease The president that's really not their job. The job is to be quite independent. So my thinking here is that to show their independence They will talk Probably a little less dovishly With no change this is kind of my thinking of this particular point And if you look at the TLT, which is the Lehman 20 year treasury bond fund it is up It's up a hundred twenty four nineteen my thinking has been for a little while that if the TLT I mentioned this yesterday during my show comes up in a few minutes That if the TLT starts to rally strongly goes into the 125s is a one twenty four sixteen right now We might be seeing money if the stock market starts to pull back We might see money come from stocks and go back into the so-called safety of bonds So this is going to be a very important moment if you look at crude oil crude oil Let me just see what it is right now to quite a dive From the high of yesterday, but when you look at the overall pattern to stuck in this range of sixty two ninety four They've crude oil starts to drop below sixty one fifty over the next day So that's going to say whoops me a little economic weakness may be showing and if it spikes high that's going to be good I'll be back talk a lot more about it in my show. Don't forget your shows coming up all day after me You've got Steve Rose. You've got Dave Wright. You've got Tom McBride. I'll be back in a few minutes for the Tiger Technicians hour