 T-F-N-N, headline, News Update. Hi everyone, Basil Chapman for this 4 o'clock closing market Tiger Financial News Network update. We're looking at the Dow down 462 at 34,021. When I was doing Tom's show just a moment ago, we had started off at the top of the hour at 3 o'clock and the Dow hadn't taken out yesterday's low. It just started to do that and what I was saying is that in this arch formation you've got a beautiful doji candle at the all-time high on the Dow on the 8th of November at 36565 and there was a match in time going to Friday that would make the 35,015 low of October around about the 14th a target. Well it's just done that. It closed down at 34,021. This is quite serious. The VIX index is up huge. The volatility index is getting to a point where you'd expect at some point there'd be some kind of reversal. Well it closed at 3197 actually after the markets closed at 3213. That is huge. That's higher than it had been in any of the previous market highs going to the high of the VIX index on the week of the 14th of May. Let's go through these others quickly before we wrap up and tomorrow morning at 9, Tommy Jr. Sars is off, Kicks is off. Should be a great show as always. Yes the Dow, it's made that arch formation, sorry the S&P 4743.8 was the all-time high on the 22nd. It's trading now at 4512 down 54 points. This is a very ugly looking chart and he has the weekly chart about to test key support. The QQ have been waiting for this one to finally turn and finally did that dreaded H pattern. Look at this. The lower than the left side low and we're looking at 387.12 was the low today. Trading after the market closed at 386.67. Very ugly session. We're looking at the IWM, ugly, ugly session as well. Oh my goodness. Down sharply at 212, way off the 244 all-time high. You're looking at gold. This is a gold place to go to as a safety haven, not only up four, we'll be watching it closely tomorrow. It needs to get to this 1808 to the 1812 area. Looking at Crudel, Crudel pullback, very sharpie. Don't forget folks, great program here all day. Stay tuned as soon as we open tomorrow at 9 o'clock and of course these shows are archived. Have a wonderful evening. Basil Chap is sitting for Tommy O'Brien and we will see you tomorrow. Thank you for watching. We use that book signing off till the afternoon. Have a wonderful day.