 T. F. N. N. Headline news update everyone Basil Chapman here this is the T. F. N. Nune update I'm the host of the tiger technicians are coming up straight after this update and the author of the opening call here we are twenty eight thousand one seventy four on the twenty seventh of November four sessions later we're trading with the low of twenty seven three twenty five one of the things we spoke about you remember I was speaking about the MACD was turning down stochastic was good but could turn down quite quickly and that it would take at least six to seven hundred points to get the two moving averages that I think are absolutely key to this market to cross negative look there are there's the green line is the black line fact I'll just show you here we'll do more about more in my show coming up in a few minutes time you need a bad news cloud cover you get the cell signal we got it number of times this year and we got it yesterday at the open and we'll see whether or not this turns into another one of those negative crossovers let's keep going you've got so that's the Dow in the cell mode at yesterday's closing continues today that's the dating the weekly chart you have to wait till Friday before you can discuss that the most important thing here is that the S&P is in unison the Dow is down what did we say 295 the S&P's down where did I put it I just hit the wrong key the S&P sorry about that S&P right now is down 39 points 32 points 32 points I keep hitting the wrong thing and here we were looking at the support that I discussed yesterday we wait below that way below all the moving averages is a cell mode as well in the S&P the QQQ and the index is the index 100 down 2.96 at 200.03 206.05 was a high on the 27th today's low is today is down to 199.23 trying to bounce a little bit now the selling that we're looking at this intense selling this chance that by early afternoon it's just a tiredness of all the selling because it was so hysterical within two days just dropping so sharply that we might have a little bit of a rebound into the close that's what the line here may say the IW doesn't have to be positive it just means a little bit of rebound the IWM is down 1 at 159.08 acting a little bit better it's right into the range we were talking about yesterday hey gold was up 15 the last now it's up 17 up 14 at 1486 this is a good roof for gold why because you've seen the commensurate mirror image of the dollar down 19 tex and 97.67 it's about to go back into a cell mode on the day with the weekly chart is still making the art formation I'll just sell this more because funds have a good