 Good afternoon everyone, Basel Chapman here. This is the 3 o'clock Tiger Financial News Network Market Update. Dow's down, the S&P's down 50 at 44.39. The Dow is down 205 points at 34,516 just above the 200 period moving average. The QQQ and the X100 sharply down is down 5.74 at 343.40. The IWM, the Russell 2000, is also down. It's up a little bit today, but Dow sharply from its reversal up at the 200 period moving average at the end of March at about 211. Here it is at 197. Not very good. And the gold is trading very nicely. Here it's still up 7 at 1963. It's within this rectangle formation along sideways, a rectangle. And as soon as it's able to start trading in the 1986, maybe 1992 area, that's a breakout to the upside. That's going to be important. It hasn't done it yet. You're looking at going to go to crude oil. Crude oil is trading down. It's down at 94.18. We've been looking at this for a while, saying at any point if it starts to close under 92. That's a really big give back of the huge gains from the 129 high of the 7th of March. At some point it'll kick in again. But at this point, there must be some liquidity. There must be some oil around that's forcing prices down. And if you're looking at the TLT, we'll spend a little time in that when we get back for the Tom O'Brien show, which I'll be the guest host for, down $2 at $123.03. Breaking out of really important trend support. I call this Chapman Wave inside-track support level. And it's underneath it now. And if you look at the TBT, which is the inversion, it's broken out from its resistance level. A lot to talk about. You look at this beautiful cup formation in the TBT Ultra Short Lumen 20 and T-Bond ETF moving in the same direction as the 10-year yield. So I'll be back in a few moments and we'll do a lot of things here because we want to look at the markets. We want to look at what is happening in the overall market. Is there some kind of strength that will suddenly find its way to move the market higher? Or is this doom to keep going down day after day? We're at a very critical level this week. I'll talk about it when we get back.