 EFNN, The Tiger, Financial News Network. News Update. Hi everyone, Basel Chapman. On this Friday, the 8th of July, we're looking at the Dow down 146 points, 31,229 off the really nice session yesterday. One of my indicators that I call the Chapman Wave Tringage flashed a very low reading yesterday that invariably implies with a huge percentage of accuracy that the next day should see the Dow regardless of whether the future is up sharply before. The Dow should have weakness and then see some kind of a rally. We've kind of seen that already today. It's now down 170. The S&P is down right here, let's get that in. The S&P is also down and it is down 33 at 3869. That's a very good session yesterday now, it's in the middle of that session. QQQ actually led the way yesterday. Today's Dow on 3.30 at 291.70. I would not like to see it break under 290 today. Preferably try to get back to the 293 level. Then a nice day Monday that would be good looking at the IWM week down $1.75 and $1.70. That's a Russell 2000. This is going to be important. You've got gold down 3 at 1736, made a lower low today at 1726. Watching it closely because the dollar is in a leg E and there's a good, a really good chance that at this particular point you can see some kind of a consolidation. It's 107.11, up 0.02 and this is going to be important because you've got tremendous support between 106 and 105 over the next week if there is a pullback. This is the story, the TLT, the down sharpie. If you look at the bonds, the U.S. Treasury bonds, made a P&D in the Chapman wave around 142. Now it's at 137 in three days. The big move up has been negated. You're going to have to watch this closely and the volatility index, we've talked more about all these different things, is down actually, it's down 28 cents at 2580. So I'll be back for the Tiger Technicians Hour and don't forget, my service here is the opening call, dating newsletter. That's a very nice trade so far this week. I'll be back in a moment. I hope you can stay for the Tiger Technicians Hour, otherwise, see you one time.