 Hi everyone, Basel Chapman for the Tiger Financial News Network at 11 o'clock market update and we're looking at the Dow up 580,000 to 35,000, 880,000. That was a fantastic candle as it accelerated yesterday, it did pull back just a little bit from the high, but following through with a gap like this, because it is actually an island reversal potential here that is telling us something that is really very important and it's saying that the to overcome all the negativity of the past to reach just like that in a couple of sessions says that if I would normally expect some kind of a dogey small candle like a plus sign tomorrow and then a pullback the following day or tomorrow there's a pullback as long as the 35,000 805 as long as the 35,500 to 35,400 area holes of support in the short-term that's very good action I am kind of impressed I must say the S&P at this particular point is up also sharply it's up a hundred points at 46.91 all-time high 47.43 wow it's almost there this is a really good new unless it's just a sudden bad news thing who knows what it could be anything but whatever it is if the market doesn't react to news negatively but dismisses news and moves up or cheats every bit of news is positive I will not fight that that means of the market the buoyancy is there it's wanting to move up and even the QQQ is now up 2.8% a break in the resistance is at 397 no it's lagging definitely lagging that's a rotation correction we've been calling for and that's unfolded until December 1st and we're looking at the IWM store very very it's strong today but store week gold is really struggling it's up $5 a 1784 it needs to get up into the 1800 and 8 area or higher to be able to say I've changed course at this point is just sideways if you're looking at the TLT I didn't go through that very much during the show I'm calling this an alternate count with a 152.99 higher three days ago I'm watching this closer because you know the rectangle formation you come back in so let's just see if yields are going to go higher or lower right now they are going just a fraction higher and Crudo has had a very nice move to the upside it's up 3.22 it's 72.71 so far the VIX index is my key and I spoke about this yesterday during the show my target technicians I said if this starts to pull back sharply that's the sign we'd be looking for because look at this every time it's hit the 28th or higher level for the past eight months or so it's pulled back the following week very sharp have a wonderful rest of the day say to you for Larry and all the rest of the show I'll be back with Tom a little later on should be great program yet this is a great day to do here for them back then have a great day