 Good morning everyone, this is Monday the 4th of December, Basel Chapman here for the Tiger Financial News Network, market update at 10 o'clock Eastern Time, down 90, it's a little difficult, I know you haven't heard that for a while, but it is down 90 at 36,152, less than 800 points away from the all-time high, this is amazing. Anyway, there should be some digestive actions as well as suggested to my subscribers from opening call. The unbalanced volume is extremely overboard on a very short-term basis. That is, it doesn't mean to say the whole market has to turn around because it's stochastic at 96% and flat is still very good, but it is a leg D in the daily chart, the S&P, a little bit weaker than the Dow, it's down 29 to 4564, it's already made a leg F, maybe a peak F could be an alternate count, but this is what I'm looking at right now, this should be a digestive phase 45, 40 to 45, 25 would be my target on the downside as the test of support to see if it can hold. We're looking at the QQQ, quite a bit weaker actually, the S&P is down 0.68, Dow is down 0.31 and the QQQ is down 1.15, at 0.386.49, down 4.5. One of the reasons I think, well first of all, let's just say that this is really important, it's right at the 14-period moving average to get that 9 to cross negative, you'd probably have to see it at about 0.379, 0.378, it's at 0.365 right now. What we're looking at also is that the IWM, I'll talk about that when I get back at a question about it, up 45 cents in 0.185, this rotation is exactly what we were talking about, you've got Microsoft, we're still along Microsoft, taking real nice profits but keeping the core position, it's at 0.365, down 9 today. Together with that you've got the S&H is down sharp, you're down to almost 0.381, 0.5839, you've got the gold, now this is going to be, I'll talk about this when we get back as well, gold and an overnight spike, this is the continuous contract, goes to 0.2152, then it slumps down to the 50 level and it's at 2069 right now, down 20. This candle looks to me like it's got at least on a daily basis, oh I got to talk about this because it's got the one-to-one to the upside, we'll talk about it when we return because crude all right now is down sharpie and the TLT is trading up, no it's down 24 cents and the dollar, I'll check it out, dollar is up sharpie. I'll be back