 This is TFNN, The Tiger, Financial News Network, Update. Good morning everyone, Basel Chapman on this Thursday the 13th of July, we're looking at the Dow at 105 and 34,452. The way it's acting right now, this whole area of 34,500 looks like it's like a magnet to the upside, but it's also a potential repellent area, we'll see if that is that the way it works with the MACD just turned up, this is the Kastic, still quite weak at 61%, on balance violence, very weak. Does that mean that we're actually just beginning a move to where they start to get very strong? I'm not sure because this rectangle formation is something that we look at very closely based on the Chapman methodology, but wait a minute, if that's the case, what's going on with the S&P? Well the S&P went above the rectangle high, it's at a new recovery high, in fact if you look at it, I mean this monthly chart is improving so much that this is going to be a G-C right here, capital uppercase on the way up, G-C weekly, monthly is in leg C, it's done the one-to-one to the upside, that's really fantastic. And the old-time high of 48,18.62, and here we are at 44.97, there's a long way to go, but isn't it a really good action here, look at the QQQ, NDX100, here we go, QQQ is up, 3.74, 376.54, it's over the 372 resistance that's been there for about three weeks, here we are at 377.10 was the high, and this starts your leg D in the weekly chart. Now we're looking at a situation where we might be seeing, you know, a market likes to climb a wall of worry, whoa, we might not have any worries right now, so is that where we start to see some resistance? I'm beginning to see some overboard situation, but that doesn't mean say you have to smash to the downside, but it does mean that this, what I call an upside consolidation with slightly higher highs and higher lows, we end to see where this takes us, because the IWM is up 1.3719328, it has that left side high in the 1990s, 197 area, that is a target, and let me just do this quickly, Gould is up a little bit, is up a fraction, the dollar is being down very strongly, and the TLT that's bonds are up a little bit, so yields are coming down. I'll be right back with the target technicians out, check out my opening chords, and you can use that, see you in a moment.