 P.F.N.N. The Tiger Financial News Network. Update. Good morning, everyone. Basel Chapman here for this Tiger Financial News Network. 10 a.m. start of the week. Tuesday the 6th market update. We're looking at the Dow down 72 points at $31,251. Now this is going to be an interesting close on the session because it's going to tell us a lot about what could happen during the week. We've seen over the weekend from the Friday sharp close the big sell-off. Marker was doing quite nicely and then what was the Russian gas pipe. There was discussion about that. And all of a sudden the market started to tank and close towards the low of the day. Then Sunday night the market pulled back a little bit then started to rally. Monday there was a quite nice rally in the futures while we were on holiday. And this morning the futures were up actually they were up quite sharp earlier on. Then they were negative. Now the Dow itself is down 108 at 110 and 31,206 having frankly made a lower low by two points so far this morning. And looking at the weekly chart this is the one that worried me over the weekend because we went underneath the chaplain wave inside track what was the repellent zone then it became for the last week a propellent zone until Friday and we went underneath it. Now we're back underneath it in 31,185. Look at the S&P. The S&P has done something very similar as the S&P right now is down 19 or down 20 39.03 also made a lower low then on Friday. Actually Friday had a higher high than Thursday. Today 3903.65 was a low on Thursday. We're now 3901.70. That's suggesting that we in a leg D to the downside under what should have been support. And then once again that weekly chart is not looking that good. QQQ and the X100 is down sharply down three at 292.08. And that's throwing leg E to the downside in that chaplain wave inside track support level going to 288 today or tomorrow will be very negative. And that weekly chart is well so it's not looking too good. IWM the roster 2000 in leg D to the downside. Now gold is down seven and the dollars made a new multi-year recovery high and it's at 110.24. And you're looking at the TLT very, very weak today. Very weak and these skills are going up. I'll be back