 and the tiger financial news network tfnn headline news update hi everyone basal chap and here on the second trading day of january and we're looking at on the third of january the 10 o'clock tiger financial news network market update has been a sudden spike from the lows the dows down 154 at 37,558 made it kind of a u-turn over the last a couple of days my new high yesterday has pulled back some today but the s&p is actually taking it more on the chin s&p is down 21 at 4721 it matters tiny little doji candle four sessions ago and i said uh-oh that's a problem and now we've got uh some kind of a slide but that nine-speed moving average is still very sharp here over the 14 that's a good sign the qqq is down two at 400 also made a higher 412.924 sessions ago and it's been pulling back quite sharp this is a much deeper pullback than the others because there's some ages there's some ages are down um 2.21 at 166 and just a few days ago they're in the 176s we've got the iwm the rest of 2000 down 2.82 down quite sharply actually at 196 and yeah we go with gold uh gold is down 22 dollars remember we didn't like the action at all the other day it's out of 2050 but the dollar is what we say it should have a decent rally and that rally is taking the two oh look at that 102.54 still a very strong leg a but it's really when you look at the weekly chart nothing much yet and look at bonds and i'd be the anticipation was for me that bonds would be rallying i'm sorry yields would be rallying as bonds came down yep bonds are down a half a point today 123.5 and that would together with the dollar going up give a little bit of an impetus for some kind of a pullback in the general market let's look at crude oil crude oil is at this point up oh it's up two dollars uh still in the lower range but up to is it's quite something 72.46 i'm watching this closely because if crude oil also goes up with yields and the dollar that that's like a triumvirate of of looking at at least in the very short term daily charts for some kind of a pullback that's what i've been anticipating for subscribers to opening call i think we're kind of getting some of it today i'll be back in a few moments for the tiger and check out my opening call daily newsletter see you in a few