 This is TFNN, The Tiger, Financial News Network Update. Good morning everyone, on this Wednesday the 28th of June, we're looking at the Dow on this 10 o'clock Tiger Financial News Network Market Update. Dow's down 125 at $33,800. We're looking at a really nice move yesterday, I was expecting that we're from that little dogy candle from three sessions ago, that we should have an arch formation and that's where the big test comes. Do we have an arch formation where we make a leg E, maybe a peak, a leg A, peak A, maybe even a B, but then we come back and we take out the left side low of $33,610. That's on the Dow. The S&P, same thing. S&P's got a lot better chart pattern and a very nice move up yesterday, it's down 11 at $43,666 and same thing. This is a trough A, this is a leg A, just a gray leg A because the techniques are still quite weak, but that nine is so strong above the 14, that's what's giving you some support here. It doesn't mean say can go to a new recovery high, it just says that the downside has to be proven by a lot of very negative, maybe it's action or negative comments or economic news. The index 100, that's the QQQ down 55 at $363.25, holding very well that nine period moving average, if we look at the way it started to narrow, that says it's really good action, but it started to narrow between the nine and the 14 period moving average to IWM, the Russell 2000, nice move up 9 cents today at $183.42. Every time we think that the small caps are perhaps going to leave the way as the market takes a bit of a breather, oh those small caps suddenly take a dive and we'll see whether or not this is the same case. Meantime Gold had a very, very nice, let me just get back attempt yesterday to ready but then it failed under the 200 period moving average. Now it's even lower, it's down 6 at 1917. This is going to be very important because we're getting to the low of the candle, I'll talk about it in my show coming up, the target emissions are the week of the 17th of March, 1911 was the low, and if we close under that then you've got to start picking at the next level of support. Meantime crude oil, crude oil is down and bonds are, bonds are up a little bit, I'll be back in a moment for the target emissions now. Check out my opening call, daddy newsletter.