 news update everyone basal trapped in here on this 10 o'clock tiger financial news network market update on wednesday the 12th of january getting to the midway point of the month we're looking at the top 180 very nice move from the load was made at 35,639 just three days ago and yet we are nearly a thousand points higher 36,432 having hit 36,453 so we're looking at this 179 point gain it shows you that we in the up channel making higher highs and so far we're looking actually at higher lows and that's going to be very important really important that by friday we don't break underneath 36,200 on a closing basis so far this is quite good a no chart oh my goodness sorry about that let me just do that takes one second we've got it you can see the chart on the left is the Dow in the middle is the weekly no signal at all in the weekly no signal in the monthly s&p let's run this quickly now we've got the s&p up 28 points at 47,41 it's made more than a halfway marker up to the top from the 48,18 high the fourth down to the 45,82 low of three days ago trading out 47,41 up 28 and you can see that weekly chart thank goodness just held the key support in the up channel but what we're looking at here in the QQQ the 123 there we go a nice move up up 388.93 48,71 was the all-time high in november plummets down to the 369 level and yet we are 388 very very quick three green bars so far but i i think this is going to start to hit resistance as we're looking at it iWM the Russell 2000 lousy action lousy action it's up $1.30 to 18 it's gold it's had a very nice move but look there it is right at the Chapman Wave inside track resistance zone isn't able to break into the 1825 it's in the 1820s i said that's going to be a good sign if it breaks and closes over 1835 and the continuous contract that's going to be a big deal and look what happened to the dollar the dollar pullback under that key support that i was looking at and that support really is something to take note of because very often in a rectangle formation you go savory savory savory break to the bottom then there's a little test to go back into the rectangle and then very often there's another pullback to a low a low so the dollar is very important now i'll talk about the bonds when we get back TLT's only at 146 cities. Russell Chapman take a dismissal come