 is TFNN, The Tiger, Financial News Network, TFNN, Headline News Update. Good morning everyone, Basel Chapman here. This is the Wednesday edition. This is the 10 o'clock Tiger Financial News Network Market Update on the 10th of April and we're looking on this Wednesday with the CPI art. You know prices are going up and we've been talking about that for a little while. So the dial is down almost 500, down 493,000, 38,000, 370,000. I'll discuss this arch patent. I was talking about it actually for a few days. I showed the Chapman web inside, wedge, target, support line. We went right through it this morning. The left side, right side price, time match, etc. Anyway, the nine period moving average is negative. S&P right now is down 55, 51, 54. The nine period moving average is still green, but it is really close to turning pink and that'll be a cell signal, probably upgraded to a cell mode if it does that today. But it's gone through the inside track support level, QQQ and already being pink. So it's negative and it's down four at 438. It's underneath key support level, watching this very closely to see where it closes. IWM, I was hoping to see some kind of strength in the IWM, the Russell 2000 to say we might see the really big caps start to pull back and small caps start to find support, not yet. Down five at 201 and the nine period moving average just turned negative. The day's young. We have to see if it stays that way through the close. Gold is pulling back a little. It's down nine at 2353. It was down sharp. It's at a peak. This is where other things can happen. It should be pulling back. But wow, money keeps coming in. But look at this, the dollar. The dollar is up huge. The dollar is at 104.91 up 80 cents. I think it's still going to go to the leg D in the weekly charts. That's very good. But those bonds, wow, bonds are down almost one and a half points. So they're making lower lows and therefore the yields are going higher. I don't think this market can take that much longer and crude oil. Let's see, we crude this thing right now. It is down five ticks. The five cents at 85.18 hasn't made that leg D yet. So there's a lot to discuss because I want to show you these nine period moving averages to see whether or not we're getting daily sell signals and what would it take to do that and what does it imply? A lot coming up for the next hour. Check out my opening call daily newsletter and I will see you in a few minutes.