 Hi everyone, this is Basel Chapman for the 4 o'clock Tiger Financial News Network market update and we're looking at the Dow down 180 at 34,765 in March of the Tiger Traditions Hour tomorrow at 10 I'll be discussing more this candle it's called Chapman Wave inverted Roman candle just simply put if anytime tomorrow the Dow trades above 35,020 for more than I'd say an hour there's a good chance to try to test today's high if it closes under today's low where it closed today 34,765 that says that the 50 period moving average of 34,670 is the next target the S&P closed down as well quite sharply the S&P was down 33 at 4404 this is now below its 50 period moving average in the sell mode and the 30 oh I'd say 39,80 is going to be the next key support level QQQ and resistance is at 44,36 QQU 362,64 right now down 381 very sharp pullback the 359,357 area next week all the way into Friday has to hold at any sharp pullback IWM Russell 2000 trading down two and a quarter at 185,85 184,47 is the 200 period moving average support it needs to try to hold gold closed down 12 that makes the resistance at 942 to 944 really tough to break if it can do that that's positive but the 1900 level looks like the next target the dollar did a very nice upturn I've made a new recovery high this is now the 200 period moving average of 103,16 is small time support but 102,80 has to hold at any pullback it's acting well and bonds the TLT oh the TLT down 72 at 93,86 oh that that means yields are pushing higher that's really worrying the market so overall market day trend the daily trend is really perceptively in a sell mode the weekly charts the middle charts that we're looking at here are all still holding pretty well when you think about it so let's go one step at a time watch how these supports hold and then we'll see on Friday's close what happens to the weekly charts have a great rest a great evening see you tomorrow