 is TFNN. The Tiger Financial News Network. News Update. Everyone, Basel Chapman here for the 10 o'clock Tiger Financial News Network Market Update on this Wednesday, the 3rd of August, one week to go before I do my all day webinar. This is a very interesting, up 178 points at $32,574. My thinking was that today would be an inside day forming that peak D in the Chapman wave methodology. Remember, we're talking about this for weeks that we were expecting at least four higher peaks in a buy mode which takes you to D and then other things can happen. You have to reassess. Don't have to make any changes. You can become a little cautious and that's kind of what we did. We're looking at the S&P and this is very interesting. I have an alternate count that the S&P if you use a Chapman wave phantom peak could have made a D. But we'll call it a peak C for now because it's holding really well. It's up 30 at 41.22. In fact, while Caterpillar was really decimating the Dow yesterday, the S&P held very nicely when you think about it. When you look at the QQQ, this is the NDX100 trading vehicle. This is the, here we go. This is the Invesco QQQ Trust series. Up made a new recovery height at leg E at 318.51. It's done the left side, right side price time match. These are techniques that I'll be teaching in that webinar. We're looking at breaking out above the 314 support and that's going to be 30, 14 to 13, 12 of the next three, four days as key support and is trying to tackle the weekly Chapman wave inside track repellent zone which gets you to about the 323 area. We're looking also at IWM. Small caps are acting quite nicely here. Up 121 at 188.32. Still a leg D at this particular point. Now this is going to be very interesting. Gold is having a little digestive phase after a very strong move from under 1700 to over 1800. Now trading at 1776 down 13 points. You can expect that because the dollar has shown some residual strength here. I still think that dollars in a short gem corrector phase and that means that up a penny at 106.35, 0.01. That's going to be very important. What happens? Can it get to the 107.50 area? The TLT trading right now down 25 means that yields are actually climbing a little bit and we're talking about crude oil. I'll be back in a moment for the Tiger technicians. I hope you can stay. It should be a really interesting program. Got a lot to cover and check out all the programs at TFNet and my news that is the opening call.