 C.F.N.N. The Tiger Financial News Network News Update Good Monday morning everyone, Basel Chapman here for the Tiger Financial News Network, 10 a.m. market update and of course I followed the morning market kickoff with Tommy O'Brien at 9 o'clock. We're looking at on this 28th day of November, just about a wrap up the month, we're looking at the down, down 160 points at 34,186. Everything I did over the weekend was pointing to the Friday going to Saturday when I did the work and then Sunday again and Sunday the futures. I suggested that the market is ready for at least a little bit of a breather right here. It might be a little more but at least some kind of a relationship with the common sense because going up in the last few sessions really was kind of it looked like the market was being pushed and it just needs a bit of a breather. The S&P is down 24 at 4,001. It got repelled to the 200 period expenditure moving average. I'm going to talk about these patterns as soon as we return for the Tiger technicians hour. QQQ is down let's see that's down a 92 cents at 286.03. They're holding a little bit better IWM pulling back a little bit at 151 down at 104. Yes it's pulled away from the 186 200 period moving average. Gold is very interesting. Gold had a very good rally earlier on last night and then this morning started to pull back now it's down 7 at 1761 just kind of digesting these big gains that it had recently looking at the dollar the dollars trying to find some kind of support very difficult at the 200 period moving average and it is at 105.81 down 16 cents. Also looking at Crudo which really got hammered last night and back down again today down a dollar 35 at 74.93 testing really important support and the TLT which is bonds the bonds right now are up quite sharply. We did make that peak D now we're actually in the league E 103.57 up 67 cents and means that yields are coming down a little bit. I'll be back for the Tiger technicians hour in a few moments. Hope you can say check out my opening call my daily news letter and did I hear the break the music coming up am I beating the break for the last couple of days. I think so but anyway we're going to be coming up to the break. There it is over the VIX index as we go to the break. Let me mention the VIX index is up the study I did over the weekend suggesting the VIX is ready ready to have a bit of a bounce and it's up 1.54 I'll be right back. Hope you can stay and there's great programming here all day. Be back in a moment.