 FNN the tiger financial news network update everyone Basel chapter here on this Tuesday this is the 12th of April and we're looking at see this chart right here there's a 10 minute e-mini at about one uh that was no that's about three o'clock yesterday they stored at about the 44 33 level takes the whole night was just pulling back all night and then at about one o'clock this morning it started to find some support and look at this beautiful potential cup formation left side right side price time matching suddenly there's this news report at 830 that says inflation was I think what was it about 8.6 percent in the ballpark that people thought it would be not higher and that made for a really sharp move to the upside I love these bowl formations I'll be talking about that in my webinar coming up tomorrow at four o'clock for subscribers to opening call this is run the numbers now what we're looking at is the e-mini the s&p is up 40 the s&p the dow trading right now is up 100 and 253 it was actually up a little bit more earlier on and this is going to be very important because we had a horrible session yesterday as the market just kept on pulling back towards the lower of the day so it's really important the Dow sourcing to the 34 700 level 34 700 the QQQ having a nice bounce today but it really took a dive yesterday and that's not good at 347 it's up six it needs to be up a lot more than that IWM the Russell 2000 very strong roof today this is the small caps having a really good rally gold we're talking about gold and I'll talk about talk about it in terms of resistance levels it did get to the 1977 I said 1978 Ohio starts to actually break out this is very good action not great but very good action in gold Crude oil has been pulling back as a very strong day today after the double bottom test it's up five at 99 60 the big deal I'm going to talk about it just in a moment when I do my show the Tiger technicians hour is what happens to the TLT is this that channel that it just breaks out of on the downside and then it wants to go back in so that yields can at least have a bit of a slide here instead of rallying all the time a lot to talk about when I return for my Tiger technicians hour hope you can stay it should be a very interesting session because we're right on the cusp of the 10 o'clock news coming up we'll see if that's going to impact the market as the 830 inflation used it I'll be back in a moment hope you can stay have a great day