 the tiger financial news network news update everyone Basel Chapman on this 23rd day of May we're looking at Monday we're looking at the doubt 312 points that 31563 made a low of 3,000 I mean this is incredible so 30,600 and was it 20 let me just get that exactly right yeah 3,000 sorry 30,635 Friday early afternoon and then suddenly saw that exact just a fabulous rebound and what we have is a fifth Chapman Wave Roman candle let's see if this one can last more than the three days two days that is had before if this is able to last and the dowels at least through the close off to any dip that should start any minute now we'll see what happens but this is a very good start to a turnaround and I'll explain why during my show the Tiger traditions are in a moment the S&P's are 15 and 39 17 it was much higher to 38 10 but whoops no no no yes it was 38 10 on Friday and so that's a huge move 38 10 to 39 48 so you can expect some kind of digestive phase in the next hour or two QQQ in the X100 now down 60 50 cents 288.28 as struggling having a tough time but we'll see what happens because that turnaround on Friday did include some stocks that won't be important to any rally coming on if it's later today looking at IWM the Russell 2000 that is down 20 cents at 175 91 still struggling somewhat and if you're looking at gold gold at a very nice up move it's come back a little bit from that gain all the way to let's say 1864 is trading in 1853 right now up 11 and to go with that you've got the dollar finally pulling back enough to say that it's in a sales signal in the daily chart from the 105.01 high that was made just about seven sessions ago is going to be very important because if the dollar starts to find some support that's one thing but if it breaks under 102 or 101.50 that's going to be negative you've got the crude oil holding out case down to 16 cents at 110 and you got the TLT bonds up it's off the low but it's down 31 cents at 118.20 and at this particular point it's just going sideways I'll be back with the target conditions I hope you can say should be a really interesting day today and we've got a lot to discuss see you soon