 of NN, The Tiger. Financial News Network. Update. Hi everyone, Basel Chapman here. On this Tuesday, the 7th of June, we're looking at the Dow down 202 points at $32,700. We're also looking at this patent that we've been discussing, this kind of cluster formation, certainly a close under $32,500 would say, uh-oh, now we can make the arch formation, but most importantly, if we hold steady, this is the 1,2,345, this is the 7th day of sideways consolidation, we'll see where we close. It's really important to see, just have patience to see where we close, because the technical so far is still very positive in the Dow, but so in the S&P, the S&P 90 is over the 14-period moving areas, the MACD is good, stochastic is at 85%, we've made a higher 4177.51, about four sessions ago, and so far we haven't taken out the left side low, we're actually at 4,099, down 21, the day is young, let's see if we're able to make this, turn this into some kind of an oval pattern, sideways consolidation, target comes out with terrible, terrible news. Actually they were hinting about this before, in fact, there's a chance of target, and I must say I've been in a couple of target stores over the last couple of months, and I'm kind of impressed, they've really improved, they look good, but maybe they've done an inventory there, maybe they just miscalculated, that could be a one-off on their part, we'll see what happens, QQQ in the X100, coming back from the lows of the day, down 1.52 at 305.70, most importantly, I don't want to close under 303.70 and certainly try to get to 306.80 by the end of the day, begin the IWM, this is the Russell 2000, did make a leg D, holding quite well, down just 18 cents at 187.60, we'll see where that goes, now look at the gold, gold is up nine, but it's still stuck in that range, it really can't get above the 200 period exponential moving average of 18.68, we're looking at the dollar, the dollar has actually been showing some strength here, showing strength today, so leg B in the daily chart at 102.72 up 34 tex, TLT talking about tex, the TLT, oh my goodness, it's still down sharply, but at least it's trying to come back claw its way back today, up 92 cents at 114.82, crude oil is the story, crude oil is up $1.47 at 119, 120 right now, that 120 is really key, I'll be back in a few moments for the Tiger technicians and I hope you can see, check out both the corp at David Houston, see you in a few moments, otherwise