 TFNN headline news update. Everyone, this is the TFNN noon update by Basil Chap and the host of the Tiger Technicians hour and author of the opening call dating newsletter. We've got the Dow up 50 at 26,054. This is very interesting why you see this on the left side chart here. You see this declining trend line see the two little lines ones green ones dash red. That's what I call the Chap Wave inside track repellent zone and the price is being repelled for a couple of days now. We're trying to test it again and this is going to be very important because it will take a move into the 26,300s to really say this is not only a breakout but it's a breakout that has probably very good technicals and so far the market has held very well considering this is just a little bit of a hiatus off the spectacular move from 24,701 to the 26,248 level. So that's the Dow. The S&P right now, S&P is trading up eight points at 2888. It too has a trend line. I haven't drawn that in. I'll draw it in right now and I'll tell you exactly where this is going to. It means that 2908 is really the breakout, 2912 is really where you start to see a very strong new leg be in the upside. So this is still part of the consolidation. The QQQ same thing called QQQ is up 98 cents at 183, it is up 0.54%. So that's kind of good. Up one at this 183.34 level, it's got a lot of work to do to really break out. I would have to say 183, it needs to get to the 187.80 to 188.30 level. That'll be very nice. In all cases, the support level is the low of yesterday and we're looking at the IWM. Now the IWM, the Russell 2000 is up a little bit stronger, it's up 0.86%, 1.32 at 152.80. This is nice action, but once again we've seen this rotation between the small caps not being in favor on a daily basis, certainly they are in favor, but they're really ongoing anywhere until you start to see the 154 level as a kind of a trading point that it needs to hold and it really must not break underneath 151 over the next few days. Gold is having a very nice rally, it's up 6 points at 13.42, but the dollar interesting enough is also up and these are two, I'll talk about it in my show coming up right after this break in the Tiger Technicians Hour, I'll be talking about how the dollar and gold can sometimes move in the same direction, I'll be back in a few minutes, otherwise have a great day and I'll see you later.