 T F N N headline news update Everyone Basel Chapman here for this noon T F and N update and I am the host of the Tiger technicians hour be coming up after this Update and we're looking at the doubt down 70 27,713 Walmart came up with great news. It looked like this morning was up over $3 now. It's actually down So this is gonna be difficult. I mentioned in the dentist a few moments ago The market looks heavy and then suddenly you got the slide We're watching this because look it's in a rectangle formation. You can say that in the spectacular move to the upside That this has been just a mini one two three four five This is the fifth or sixth day of a consolidation. Yes, it wasn't your high yesterday 27,806 the S&P actually missed it the S&P right now is trading at 3085 yesterday's higher 3102 I think it was yes 3102.61 That's the high that has to be taken out to really see that there's even further upside But the MACD and stochastic are saying just be careful things are very good right now, but a little overboard And we might see some pulled back QQQ 200 right now point 38 down a dollar 21 This is showing some weakness 202.21 was the all-time high just a few days ago This is gonna be very interesting because the SMH is a semiconductor index is in this trading range Looks like an oval pattern at 132 15 down a dollar three with applied materials coming up with earnings is off to the bell today and Applied materials and what was the other one also very important Amat and can't remember right now, but it's gonna be very old and video of course very very important Let's see what happens tomorrow, but I can just tell you this if the SMH is in the next two sessions start to trade under one 2950 That's not gonna be a very good sign on the short term It's gonna say they've led us up there let let us down the last time they let us to new highs Now, let's see what happens coming up the IWM which has been lagging a little bit is today Also a little bit weak at point 08 down 158.07 It hasn't taken out in 160.46 high of just a few days ago now gold is at a very nice rally It's up $10 right now 1474 Remember we talked about that rectangle formation in the weekly chart Well, it's above that a low that was made back in the week of the 4th of October 1465 was the low Trading at 1474 trying to get back into that rectangle. That's good dollars a little bit weak We'll be talking about that coming upstream got a lot of charts a lot of questions came up We'll deal with it right now coming up straight after this break Tiger technicians our on the host. Hope to see you there Otherwise, see you tomorrow