 News Update Everyone, Basel Chapman, I am the host of the Tiger Technicians Hour every day, 10am to 11am Eastern time, and the author of the opening call giving you the Tiger Financial News Network four o'clock market wrap up. The Dow closed after being up sharply early morning and then taking a dive after the Fed speak comes right back and closes at the high of the day, 5 up 519 and 34,063. That is really important. It's bumping into the door in this left side chart. This is the daily, this is the weekly, this is the monthly, right there, right at the resistance that the repellent zone has been in so many times and has failed so many times and this third highest PPC. Let's see if we've got a rally that continues into Friday. We're going to be watching this closely because the shorts must have been waiting all day to get short and then they got short and then the market just sprang up and they're waiting just about to close and you can see by the futures, look at this, this is the E-minus, the March contract, right at the end, even then it didn't give up, it went right to the high of the day so we were looking at this and saying how are we going to manage tomorrow, what's going to happen there and we've got a reading today, we'll talk about that in a moment but the TLT is going to be important but in the meantime this is the S&P, the S&P closed at the high of the day. It needs to get above this inside track repellent zone, it needs to climb into the 43.87 area then 44.06 is the very strong resistance, we'll be watching this closely if it can do that by Friday. Hopefully no big pullback under 43.00 between now and Friday, that'll be important. We're looking at the QQQ, the NDX100, finally getting some strength, really having a good day, up 12, 3.67% at 3.40 closing at the high of the day as well, almost a Mirabosa candle, but just a really good candle but not so great in the chart pattern until it starts to trade in the 3.47 area so you can get to the 358.200 period moving average, that's asking a lot. IWM, the Russell 2000, also very strong, now it's in this lower case, H2 lower case M pattern, if it's able to break above 2.06 between now and Monday, that's going to be really good action because it's held much better than the others altogether. Gold came back a little bit after it's down, it's almost unchanged in 1929, good comeback off the slide to 1895, it's the TLT we're going to be watching closely, they're trying to rally, finally got up to 1.11, Nate this is a bit of a turnaround so he'll come back down a little bit, have a wonderful evening, we'll see you tomorrow and stay tuned for some beat straight, see you at 9 o'clock, tell me how Brian kicks us out.