 EFNN, The Tiger, Financial News Network, News Update. Good morning everyone, Basel Chapman here for the Tiger Financial News Network, 10 a.m. market update. That was down 332. The opposite of what was happening yesterday was up about 300 points at this time, 33,049. And it got repelled at the pink nine period exponential moving average. We'll see how this holds because that 200-period moving average was a great springboard for the last two sessions, not today though, 32,670 is going to be a key support over the next coming days. Looking at the S&P and the S&P also responded quite negatively, oops I typed it into the wrong place. The S&P also responded quite negatively to the economic news this morning, numbers were a little higher than expected. We're looking at minus 50 at 38,28 also repels at the pink nine period moving average yesterday. This is not so good because the technicals on the S&P were not anywhere close as good as the Dow. The QQQ trading right now down 540 at 268, also very poor action off yesterday, nice little springboard bounce and we're looking at the IWM, the Russell 2000 something going to keep my eye on for the next few weeks because often at the year's end when something gets done, small caps sometimes move into January and they do a little bit better than the general market. That's not the case here, Dow 3 at 172. Now this is going to be interesting, we were looking at this gold having this 200-period exponential moving average magnet and it kept pushing away, went to a P&D and kind of double-topped yesterday, pulling back now about 16 points at 1808, still pretty good but within a kind of a rectangle formation, looking at the dollar and the dollar is probably bouncing right now, yep it's up 21 ticks at 104.40, I can't even call that a bounce, it's within a very narrow rectangle right at the bottom of its trading range. This is really not very much, there's more news that's doing the market now down 400 points in the Dow, we're looking at the TLT, now it's going to be really important because the TLT is up 4 ticks at 103.74 but this is implying that years are starting to move back up again and that's worth talking about, what's really interesting to me is that crude oil is coming off the bottom in a much more energetic way than it had previously. We'll be talking about that when I get back for the Target Technologies Hour. See you in a moment and check out my other former dating news then. Be back, have a great day.