 The Tiger, Financial News Network. Update. Hi everyone, Basel Chapman off to the Tommy Jr. show, the market kickoff at 9 o'clock. I'm coming here at 10 o'clock, a great show I'm coming in. At 10 o'clock for the Tiger Financial News Network, market update, Dow's down 85 for 32,640. After the payroll account that was really high that should have knocked the market down. The Dow should be down 380 to 420 right now with the S&P down 40 to 50. And in fact what we are is we're down 84 points because this cluster formation here, you remember in the chapter where we're always looking for a peak, that's where other things can happen. That's where you can take a little time to kind of digest the gains and kind of reinstate any potential upside action or that's where it starts to fail. So it's a very critical moment. We're looking at the S&P. The day is young and I suspect that there will be some further negativity over the day but there could be some surprise balances. The S&P down 21 and 41.30 stomped out to 41.07 is holding really well earlier on before the news came out at 8.30 Eastern time. Got a peak. What's the objective in the chapter? We have to get you to the fourth highest peak. We're there. Then other things need to kick in. Where are we in the weekly chart? We're at the Chapman Wave inside track repellent zone. I'll be talking about these and teaching them both. I'll be doing it in my Tiger Financial, my Tiger Technicians Hour coming up straight after this as well as my Wednesday webinar, all-day webinar with the Chapman Wave techniques. Check it out. Front page of TFN. Looking at the QQQ trading right now down 3.5 and 3.20.85. A leg E almost at the 200-period exponential moving average. Took really nice profits in one of the just a little bit of a position in one of our two positions here on the QQQs and the positions that we have. We're looking at the IWM Russell 2000. Nice green candle but it's still down. It's down 4 cents at 189. Look at gold. Gold was acting really well yesterday and then all of a sudden it gives back a chunk but it's still making higher highs and higher lows. Is this the big move that's going to go much higher? I'll talk about it when we get back for the Tiger Technicians Hour. Check out my opening call, my dating newsletter. We've had some really good positions and I'll be talking about short-term positions as well as soon as we get back for my Tiger Technicians Hour. I'll show you live what was going on in the E-mini and I hope you have a great weekend. Check out the front page of TFNM for my webinar coming up on Wednesday.