 This is TFNN the Tiger financial news network Headline news update Good morning everyone Basel Chapman here on this Friday the 11th of August at 10 a.m This is the tiger financial news network market update. We're looking at the Dow Which was down not too bad earlier on it's coming back It's up four points at thirty five thousand one ninety one We're gonna talk about that in my show coming up the tiger technicians are you got the S&P a lot weaker the S&P is also coming Back down just ten now at forty four fifty eight made a low-low It's making low lows almost every day since it made that top at forty five oh seven Straighting right now at forty four fifty eight down ten because the QQQ same thing a low lows It's actually gap down today leg D It's down two and a half at three six six point two seven Gonna be talking about this as well that it's rolled over. It's in a cell mode That doesn't mean to say you couldn't have a decent turnaround at any point I'm just saying this particular point. It is in a cell mode looking at the IWM the Russell two thousand This is a small caps not doing all that well it's actually minus four ticks at one ninety point sixty seven It's had quite a bit of a spill since the high in the one ninety nine area just the other day here. We go gold Gold is down a fraction at nineteen forty eight I remember we were looking at this left side of 1940 that was made back I think was around about the end of July beginning at end of June beginning of July and Made this beautiful arch formation from a P E and comes all the way back down nice price time match going to yesterday So today's an extra day, but it's a low today's 1942 so it's just above that and that means I have to look at the dollar to say hey What's the dollar doing dollars actually running a little bit? It's up 27 ticks at one or two point seventy nine It's basically walking the nine-period moving average and as I say one or three fifteen is the 200 period exponential moving average It's really struggling to get there. It's it's attempting it crude oil is very important. Yes crude oil I'm 24 ticks at night 83.06. What's interesting is that it's The pattern has achieved all the things that we were looking at for the upside target in this left side right side price time match And now it's not giving back anything starting even taking a breather. Hey bonds bonds right now bonds are down sharp It means the rates are going higher 121 and 4 30 seconds down half point I'll be right back with the tiger technicians are this is going to be a really important couple of days coming up being introduced a