 This is TFNN, The Tiger Financial News Network, update. Good morning everyone, 10 o'clock, Tiger Financial News Network update, Basil Chapman here, dows up 15 at 34,450 showing a little bit of strength, there's a technique I'll talk about when we come back for the Tiger Technicians Hour based on the Chapman Wave Roman candle right here. Meantime the S&P is much weaker today, the S&P is down 28 at 43.35, remember yesterday I said that if we start to get to the 44.38, 37 level you've got to be real careful. Also had a Chapman Wave Roman candle there just went right through the wick of yesterday, QQQ, down sharpie down 5 points at 369 IWM, has that, nope it's just plunged through the 200-period moving average at 183, gold is down just a fraction in 1943 trying to form some kind of a base but you've got the 9-period moving average crossing negative but the day is young, we'll have to wait for the close to see what happens, looking at the dollars holding quite nicely, excuse me, up 18 ticks at 105.04, remember that 9-period moving average has shown no sign yet of turning down and look at the bonds, US, there we go, bonds are down 230 seconds at 119.430 seconds, that means the TLT is getting closer and closer to that 91, absolutely key level of support and crude oil, let's see where crude oil is now, is down 25 cents at 87.28 up at the higher range, whoa, I can tell you there are a lot of cross currents in this market but every day there are a couple of stocks that are holding really well and a real bigger bunch that are looking weak, so as we are looking at the VIX index at this particular point, the VIX index is in fact up quite sharply up $1.07 in 1552, I'm watching this very closely because at any time in the next six sessions, going into next week, if the VIX starts to touch 17 with triple digit moves down and the down, the S&P much lower, that's going to hint at even further weakness, we'll see what happens, the day is young, be back in a moment, check out my video called my daily newsletter, see you in a few months.