 This is CFNN, the Tiger Financial News Network News Update. Good morning everyone, Basel Chapman here on this Monday, the 10th of July, we're looking at the Dow up 190 points at $33,927. I say that realizing that that nine-period moving average hasn't crossed under the 14-hour show this in when I do my show coming up the Tiger Technicians Hour, look at that nine-period moving average above the 14, it just doesn't want to break down, it is so close, but it hasn't done it. When it does, then you'll start to see a little bit more action to the downside. In the meantime, sideways action are very impressive after the turnaround on Friday, that Chapman Wave inverse Roman candle, and I was going to tell my subscribers and I said, eh, I'm not going to bother today, I didn't mention it, but I didn't go into detail that if there is a price movement that holds for about 90 minutes above $33,920, we could get a test of the highs of Friday, wow, look at that. So here we go, S&P, a very nice turnaround here, it was a little weaker and it's holding okay, it's not looking too good, it's up 10, at $4408, watching that 14-to-9-period moving average is still quite strong there, QQQ, pulling back sharply, down a dollar, I say sharply, it's not really sharply, it's pulling back 134, at $364.95, it's starting to go under the 14-to-9-period moving average, but the 9 is still positive, remember I said it's going to be a process until that 9 actually goes under the 14-to-9-period moving average, IWM, the Russell 2000, strong session of 225 and 186.93, up 1.2%, this is very nice action, good, congratulations IWM, looking at gold, gold was down earlier, come back a little bit, it's down 5 at 1927, trying to form a base above 1900-1935, that's going to be the area of containment if it breaks above, that's good below, it's not, TLT, that's bonds, bonds are down again, we're down earlier, another up 7 cents at 99.14, going right to that 98.88 low that we've been talking about, it went down 3 cents below it, we're going to have to talk about this when we get back, that is yields, and we're looking at the crude oil up, down 15 cents, all quite nicely, so I can prove a little bit, I'll be back, how's the travel, take an efficient hour, check out my QQQ, see you in a moment.