 FNN, The Tiger, Financial News Network, TFNN, Headline News Update. Hi everyone, Basel Trappman on this, what is it Wednesday, Wednesday the 6th of April, we're looking at this Tiger Financial News Network 10am market update, down 250 at 34,389. So what we've done is, we've gone to that 4th highest peak, peak D in the Chapman Way methodology, that's where other things can happen, we saw that back on the 5th of January at 36,952. But when we were looking at that rally that started on the 24th of January, that went to 35,824, it failed at a peak C- and one of the reasons was that the stochastic just immediately turned down from 80%. In this particular instance, what we've got is that stochastic was flat, that's why it actually went to the peak D and now it's turned down, it's under 80%, MACD is about to turn down but that 9 period moving average is still above the 14, we'll see what happens with the Fed today because the Fed speed comes out at about 2 o'clock and we're going to hear what we know is going to happen, we're going to have to talk about rates going higher, it's the proportionality, it is the timing, it is the breaking down of just how much less of an influence their portfolio is going to be when they lighten up. So the S&P went to a peak D at 46,37, that was on the 28th of March and now we pull back to the 45 level, it's down almost 60 points, the QQQ's which had a fantastic date just three days ago, it's given more than that back, it's down to 352, down 8th, the IWM which was struggling for the past few days, made that peak D top at the children's peak moving average and is plummeting right now and what's really important, let's go straight to the TLT, TLT made a lower load today, it's trying to come back, it's down to $1.19 at 127.30, so the years have really skyrocketed, I've been saying for a while that the bond market has done the work for the Fed already, they just have to formalize it, so we'll see what happens, crude oil, what did crude oil do, crude oil is putting back just a little bit, it's in a range just as gold is, I'll be back for the Tiger Technicians Hour, don't forget my webinar coming up for subscribers on the April the 13th at 4 o'clock to 5.30, I'll be back in a moment for the Tiger Technicians Hour, hope you can stay exciting day so far.