 NN. The Tiger Financial News Network. Update. Hi everyone, this is Basil Chapman with the Tiger Financial News Network Market Update. After that market kickoff with Tommy O'Brien at 9 o'clock starts every day, every market day that is. Great show. What we're looking at now is the downtown 60 points at $31,521 after a really fabulous session yesterday. I realized that there wasn't the volume of such a price-wise, look what it did. It made a low of $31,182 and that was on, what are we now, Thursday and then Wednesday it made a higher low and it just kept every single excuse it could take to stair step higher in today. It took that and now there's going to be a very important session. Because if there is a steady, we've already gone halfway into the full candle of yesterday. If there is a move in the Dow that is able at the close of today, be within, oh it's down 101 points, but let's just say it's just down minus 30 and Friday there's a new recovery high. That would suggest what we've done is on a very short-term basis and remember the technicals are still extremely weak so you can only treat this as a short-term balance that's what we're doing for subscribers to the opening call. It's a balance and then we have to see exactly what happens now. If you're looking at the S&P, the S&P is down 13 at $39,66 it made a low of $39,03. Had a fabulous session yesterday but both the Dow and the S&P need to climb above the pink nine period exponential moving average in this case $39,93. If you're looking at QQQ, that's the index 100, doing okay, it's down 96 at $298. Had a very good session yesterday but that pink nine moving average is $301. That's a long way to go at this particular point and you're looking at the IWM, the IWM is the Russell 2000. This is not a bad candle at all, it's down 65 cents in 181.40. Now we're going to be following gold very closely. Gold was trying to rally, it actually got all the way to the black 14-period moving average went to $17,39 and now it is down 7.1720 and why? Because that dollar is still very strong. It's made a leg E at a new 20-year recovery high, that looks very good. I'll be back in a moment for the Tiger Technicians Hour. There's a lot to discuss. Be back, hope you can stay. Check out my opening call daily newsletter. Great programming, yeah, all the way through four o'clock. You can stay.