 News Update Hi everyone, Basel Chapman here. This is the 3 o'clock Tiger Financial News Network Market Update. The Dow is at any point in the hour we could have given you a minus 100 or 200 or a plus 100 or 200. We're back to a plus 200. We're up to 27. This is really important. We're going to find out early next week whether or not this was end of the month buying. We're going into Friday close and Monday or over the weekend. There's some extraordinary event that changes everything but I'd like to do this just purely on a technical basis when I come back for the Tom O'Brien show we're on the guest host. So here we go. The Dow up 222 at 34,381. It has strong resistance at the 200 and the nine period exponential moving averages of 34,526, 34,616 between now and even overnight Sunday with whatever we're looking at the futures. 34,000 is still the number to hold on a closing basis. The S&P at this particular point also coming back very actually was strong. A majority of the day even though there was some really big bouts of weakness it's up 50 at 43.76. It's also got a long way to go. It's got to go to 43.99 to cross the 200 period moving average. Then 44.29 will be the next resistance. Key support today is the lowest 42.92. We don't have to look at that. 40, 43, 45. A break under that anytime to now and Sunday night will be a negative. What we are looking at is the QQQs and this is going to be really important. QQQs just cannot get any strength to the upside. Yep, that up 5.54, 3.46, 58. They need to be testing the 9 period moving average and the daily chart of 3.53, 73 and they need to do it really soon. In fact, they need to go higher than that. Must hold 3.40 support. IWM also very weak. It's still weak down 48 cents, down 50 cents. It's 191, made a new load today. This is a big move down as almost if you look at the weekly chart, look at that A to B equals C to D. That's the lightning ball. We're talking about the NTFNM but most importantly it is fading the small caps. Looking at gold. Does gold come back? Didn't look a gold for a little while. Down 7 at 1788. The dollar has been really strong. Has it held that strength? Yep. It's holding that strength. Let's add a new recovery hype. It's a 97.28. The height today was 97.44. 97, I think 83 is the target that we're looking at and we're looking at the TLT. That's bonds. TLT. Oh, finally now it's up 22 cents. A true to all. We do this before we do the FOMO Brian show is showing a little weakness. It's up 32. It was much higher earlier today. I'll be back in a moment for the time.