 Hello everyone, Basel Chapman here for the Tiger Financial News Network, 4 o'clock market close and we're looking at the Dow with a zero percent change. I used to do studies years ago and I did hand charting in pencil and ruler on engineering paper and I used to circle in all those zero percent changes. Back when the Dow was at 2700 or something like that or even lower it was easy to find but a zero percent change plus 0.53, now 33,596 is the perfect indecisive moment and I'll have for my subscribers tomorrow in my opening call we'll be talking about that. Most importantly the S&P is down seven so the Dow was pretty much all over the show in a narrow range today but underneath the 14 period moving areas that's not so good. I want to see it back over the 33,900 that's going to be real tough to do at 33,596 but it has to hold 33,380 that's kind of key support in the short term. Looking at the S&P down seven at 39,33 doji candle days this is a halfway marker for a move down or a reversal for a balance to the upside we'll see soon enough the resistance is at 39,88 we're trading at 39,33 that's a long way to go to the upside 39,900 it's going to be key support QQQ NDX 100 trading at 280.53 down $1.15 kind of slowed its downward move today but it is it's making lower lows and that's important so most importantly it's that weekly chart we want to see in December some period to go above 295 preferably 298 that's a long way to go because 272 is going to be key support IWM the Russell 2000 also very weak here down 46 cents and 179,61 the small caps haven't shown any buying bids but look at the gold gold is up 17 at 1800 trying to go for a leg D above 18,21 we'll see if it's able to do that it's holding the 200 period moving average it's stuck in the 200 period moving average like a sound wave up and down and up like a yo-yo you'll see what happens there I didn't do silver in the show and I did Tom O'Brien show a moment ago silver's acting very well 22.91 he needs to get to the 23.50 to say hey I've even got more to the upside looking at Crudo Crudo had a very very weak day closed down almost two at 72.32 thinking lower lows and lower highs and bonds the TLT shows you that yields are coming down sharply this is a very strong move have a wonderful rest of the day see you tomorrow Tom will be back