 Hi everyone, Baselchap, an 11 o'clock tiger financial news network market update does up 480 at 34,507 yesterday was a ready What five hundred something points to the upside the four hundred something points and then we smashed in the downside Went right to the 200 period moving average in the Dow in a shorter time frame from the left side right side Although that was made back in October than the other lows are down at the thirty three thousand seven hundreds So this is a very important bounce We could actually bounce make an arch for a shape towards the thirty four thousand maybe even to the ninth period moving average of 34,900 and the next two days if in fact that was a really over over sold condition yesterday And it makes on a short-term basis thirty four thousand two hundred thirty four thousand one fifty really important support today Meantime back at the ranch the Dow is actually leading percentage wise above the S&P The S&P's up 39 and four five five two they made a lower low today and that's going to be very important to monitor and This is a balance and as I say I think that we'll be retesting this at some point fairly soon Look at the QQQ the index one hundred trading down 34 cents at three eighty six point seventy five Not participating very well yesterday turned around and made that dreaded H pattern broke below the left side low It's it's just very close to a sell signal in the dating That's only a sell signal. We'll see you by the end of the day We're looking at the IWM trying to between the down the IWM You've got to get some kind of a bounce for this balance is not very good It's up three at two sixteen, but look at gold gold is now down 16 at 1767 is broken key support making 1793 to 17 98 very strong resistance the dollars holding okay. Yeah, it's holding okay It's a 95 point 95 But what's really important is the TLT bonds made a higher high today Trading down three ticks and the and the TLT at 150 do 31 and that has helped yields come down and The crude oil we were discussing in my show the tiger conditions are a moment ago It is ready for a little bit of a balance But how much of a balance is going to be a question is up 64 cents It's up 82 cents a 66 38 if crude oil can bounce from this level into the 68 30s That's going to be good And maybe it has a little bit more of a bounce into maybe early next week then it does some retesting So I'm gonna hand you over to Larry Pazavento should be a wonderful show has always got great programming here Larry I think I'll swim with Kevin Hinks You've got see roads take white and Tom O'Brien wraps it up with future for today I have a wonderful session and check out public or my daily newsletter and keep an eye on the cues on the SMHs today They're gonna be really important to see you're rolling over in potential order in a Consolidation be back tomorrow. Have a great day