 Update. Hi everyone, Basel Chapman for this 11 o'clock Tiger Financial News Network Market Update on Friday, last day of the week. This is March the 11th. We're looking at the Dow 257 at $33,431. There was that rumor, I don't know if it's a rumor, there was a story about Putin, some accommodation there, if you want to believe that. I don't know. Meantime, the price spikes up in the futures at about 630 or before 7 o'clock this morning and then gave back almost everything. I'll just show you right here. Look, here it is. This is the E-mini spike in the 10-minute chart. Look at that. It has this huge move from around about the 4273 level. It's a 10-minute chart all the way to the higher 4335.50. And then it plunges below the 200-period moving average. It goes all the way down to the 4251 level and now it's at 4268. It needs very much to be able to get to the 4274, 75 level in the E-mini and then it can tackle the 4278, 200-period moving average in the 1-minute chart. Once it goes above that, I think you'll find more buyers. Meantime, back at the ranch, at least there's been a consolidation. It has to be actually went negative. The Dow didn't go negative. It's holding quite well here but really no good. The Dow needs to be holding our signature subscribers to my opening call. The Dow has to be holding over 220 after 130. In fact, even to 3 o'clock because in the last 30, 40 minutes, do you think people are going to put in brand new positions? I don't think so. So just that's what I'm looking at here. You're looking at the QQQ, NDX100, the Dow 70 cents. Just no strength in the NDX100 vehicles. The IWM is holding a little bit more strength than the others. It's still down 73 cents up at 199. Just chart wise, it's got this H pattern that goes to the M pattern trading band. You've got gold. It was down sharply before. Now it's down only 16. I think gold is a fear factor is in play. Even if it pulls back down to the 1940s, I think that at some point buys will keep coming in because it is the fear factor geopolitically. So it has to be in play for a while longer. Look at the Crude Oil. Crude Oil has been pulling back. Right now it's up again, up 3 and 11, but it's pulled back from the almost 130 level in the continuous country. It's 105. The big worry here I think is, what can the Fed do? Look at the yields. The yields are going up as the TL2 bonds are going down. What a mixed market we've got. In the meantime, you can watch the volatility index. I suspect that that's going to be the clue that the fixed index at 29.18 can go into the low 28s. The market can hold some rally for much longer. I'll be back for Larry's show. He's not able to do it today. I'll be back.