 This is TFNN, the Tiger Financial News Network Update. Good morning everyone, Basel Chapman here on this Wednesday, the 18th of October for the Tiger Financial News Network, 10 a.m. market update, down $112 at $33,084. You can see this orange line here, the 200-period moving average, it's like a magnet for 1, 2, 3, 4, 5, 6, 7 sessions now. We've tagged that line, so this is going to be very important, how we move away from it. I'll put down the S&P, the S&P at this point is also down, it's down 21, at $43.61. It too is tagging, it's one of the important trend lines right now, it's on the 9-period moving average, which is still positive, and that's good at $43.49, looking at the QQQ. They've been quite a bit weakened, I think that's also because of the SMH as a semiconductor index, but they're holding pretty well down 2.5 at $365.81. Also the technicals are pretty good, so it's holding steady and looking at the IWM, the Russell 2000, which had been very weak and it had a very nice session yesterday. Today it's back negative down 2.75 at $172, but gold is the story here, gold is moving up $33 at $1969 above the 2-period moving average, which has been resistance for a month, we're actually a couple of months now. How it holds the 19, I think it said 19, about 36 areas going to be very important for support, because it's up at $1968 up $33, but funnily enough, the dollar is holding pretty down well, it's up 13 ticks at $106.34, but remember they are separate things, the dollar is the currency of favor, it's the United States currency and it's the leading currency in the world, and gold is an arbiter of fear, it's the fear trade. So the two separate things, but if you're looking at the TLT, which is also really important, the TLT is down again, so yields are going higher, $84.53 down $72 on the 20-year iShares T-bond, and we're looking at crude oil, as we go into the break before my show, the Tiger Technicians Hour, crude oil is up almost $2.87, I'll be back in a moment for the Tiger Technicians Hour, I hope you can stay, this is a very interesting session. We're going to go through a lot of detail, I'll be back in a minute.