 Good morning everyone, Basel Chapman here. This is Friday the 15th of July 10 o'clock Tiger Financial News Network Market Update. This time yesterday exactly 12 hours ago, we were pretty much on the downside of a 400 points. Now we're on the upside of a 400 points but look at this. We're just trading in this rectangle formation. We made that H pattern. Remember with the pattern I talked about the dreaded H? I said within two days if we go underneath that left side low of a June, we've got to be careful. You've got two days in which to bounce back. Suddenly we closed above that left side low. Yesterday after a sharp move to 30,143 and here we are a thousand points higher 24 hours later and the S&P same type of thing. The S&P sharp move down yesterday. Big move up today. It's up 55 at 3846 but there are a couple of things I'll talk about in my show coming up. The Tiger Traditions Hour, the nine period exponential moving average and the down the S&P are still pink. Look at the QQQ. The QQQ right now is at 290.65 of 399. This is the only one that had green. The nine period moving average over the 14 period in the daily chart. Yesterday it went pink. Today it's flipped back to green. The day is young but so far this is nice action but actually all we're doing is we're trading in a range. We're in a range between the 270 level in the QQQs and the 290s and we'll see whether we break either side. Looking at the IWM, the IWM is also trading in our range. It is up a dollar at 170.72. Still quite negative in the technicals. Now this is going to be interesting. Look at gold. Gold is down 2 at 17.03. It made the left side right side price time match that we spoke about. I'll talk about that again in my show to the left side low of 2021. I think it was somewhere in July, August and we're right there. Yesterday's low was almost within three points of that low. So you've got the big arch formation. We'll talk about the test of the left side to the right side when I get back and the dollar is pulling back. Just a fraction gets down 43 ticks at 108.23. Made it you. Not so you go high yesterday. That is leg email. Maybe it's a key here. We're watching that. I'll be back in a moment. I'd like to talk about and I will not be here next week on vacation. See you in a few moments.