 Everyone Basel Chapman on this Wednesday day before Thanksgiving wishing you all a very very wonderful Thanksgiving and a long weekend We're looking at this 11 a.m. Market update. We're looking at down down 101 and 35,000 712 This is going to be very interesting because it's now gone to a cell mode Being under the nine-period experiential moving average The S&P is still not even giving a cell signal. It's actually holding quite well 10 at 4680 if it starts to trade in the 40 I would say 46 48 area in the next by Friday or Monday that's going to be the sign that you're looking forward to say hey weaknesses coming in as we rotate from the very week Dow and IWM the IWM the Russell 2000 having a little bit of a bounce today It's down only 56 cents at 230, but it's been in a cell mode, but it's that QQQ with the We're looking at right now. It's down $1.50 at 395 point 96 is the NDX 100 off the 408.71 high of three days ago, but holding pretty well Also hasn't given any signal just yet and look at the SMH's SMH's to semiconductor index Down 1.33 303 point ninety three 380 90 to 82 was the all-time high just three days ago We're going to be watching this very closely over the next few days I think we will see weakness down the cues and the estimations in the S&P while the doubt tries to hold up a little bit better And the IWM it's a rotational aspect. We're looking at gold Gold is now untrained to 1783 This is really an important area because if you're looking at the GDX the gold miners It's right on the support level if it starts to close under 32 in the next day of says is our Weakness further weakness is coming, but look at the dollar the dollar Our dollar how long dollar that's 96 point 86 or leg D Huge move up and look at that monthly Charlie that beautiful cup formation even have pulled back now It's got fabulous support in the 95s and we're looking at the TLT. This is a big issue for me I'm looking is up 1.07 and 145 57. You want to see I mean just in terms of interest rates If you'll start to move much higher because the TLT actually drops below 144 I think that's going to impact the market somewhere So we're watching this very closely and crude oil is at the lower range having a little bit of a balance over the last Three days as 78 point 78 and I spoke in my tiger technicians out We're looking at the Excel energy still looks pretty good. Have a wonderful weekend. Check out both your Gorma day news Let us stay tuned for Larry and all great programming. They come up by wraps it up Have a wonderful weekend a wonderful thanks. Thanks for being here. See you on Monday