 News Network, headline news update. Hello everyone, Basel Chapman here. This is the 9 a.m. Tiger Financial News Network update for November the 11th. And thank you to all the vets out there. We're looking at the S&P up 17. That's very interesting. Look, this is the E-mini S&P. Look at this orange line here. This is the 200 period moving average on a 10-minute chart. How important are moving averages? Well, you just use them as a tool like a little like a signpost and that's all. Look, it was resistance all the way from about 2.30 yesterday afternoon all the way. Every time it kept coming down and ran back up and hit it and then it pulled back and low and bold and pulled all the way back from the 46.70s down to the load this morning of 46.38, not even low 46.28 I think it was. Then it rallies and lo and behold, it has all these different sideways moves but it makes higher highs and higher lows. And then what happens for the past since 5.20 this morning, Eastern time, you're stuck with a 46.61 resistance and the 46.55 support. For all this time, hours, we've been in the sideways range. We're hugging the 200 period exponential moving areas. That's all it's important for is just to tell me to give you another roadside. So if later on in the day, the S&P starts to trade at 4.66, it's at 4.58 right now. That's a positive and that's going to be, and that'll help the Dow, which is only, the future is only up 17. So let's just go through these real quickly in this update before you go to Tommy Jr. for his market, for his early morning, his show. And I'm going to go through here, the Dow, 36,565 pulls back quite sharply. The futures are only up, as I said, 18 points right now. The S&P closed yesterday at 46.46, it made an all-time high of 47.18.54 sessions ago. What are we looking at? We're looking at it up 17 in the futures, up 17, so this is an important session. We're also looking at the QQQ, which had a very sharp pullback from 400.99 all-time high four sessions ago. It's now 392. It's up three from yesterday's low. And what's really important is that gold, that is spectacular move yesterday and it's continuing that up thrust. But so is the dollar and the crude oil, yep, the dollar is up 36.95 and crude oil is in fact pulling back from the high that it made on the 25th at 85.41. Have a wonderful day. Stay tuned for Tommy for his market kickoff show and then my show.