 headline news update. Hi everyone, Basel Chapman here. This is the first trading day of the brand new year, the brand new decade actually. And we've got the market up very sharply. And I'm the host of the Tiger Technicians Hour, comes up straight after this noon time T.F. in an update. And I'm also the author of the opening call. Let me just show you this quickly because some of you can hear only the updates or maybe you don't know the work that I do. I try to identify the lowest low bar for my subscribers to my opening call. Then we count each successively higher peak at that fourth highest peak. Other things can happen. It can go much higher, but that fourth highest peak is the objective. And it's where you raise your foot off the accelerator and you hover over the brake and we'll see why in a moment. I only look at straight line moves or arch or cup formations and they can be a combination. So with that said, what do we have here? Oops, that just disappeared. What do we have here? We have the Dow at an all-time high. It made a peak a few days ago. Some of you know that I was talking about the fact that the cues and the spies hadn't made it. We should wait to see what happens. The Dow could go to an E and then look at this, the S&P today, the spider and the S&P went to leg D, made a high of 3250.04 all-time high, stalling a little bit here. It's an up $9, a 3240.02, I'd say $10 pullback. In this market, it's not a big deal, but in this particular format right now, it is a big deal because you can see the MACD started to deteriorate. As the cash is now down, it's not good, but it's at 86%. We're going to watch this very closely at any point in the next two weeks. S&P closes underneath 3200. It's a problem, and if it climbs into the 3263 area, that's a really outstanding action. QQQ, same thing, leg D, pop, gap up with the Dow G so far, candle at 215.16 all-time high, at 214.161, a little bit off that right now. Leg D in the weekly, leg D for the S&P, only leg C in the monthly chart, so looking out, still a very positive, shorter term. I think we're bumping into resistance here. IWM was weaker earlier. Oh, look at this candle. Very big red candle, minus one, 164.65 meter high, five days, four days ago, 167.12, so it's quite a bit off that. Three points, so it's two and a half points off, but it is going under the black, a 14-period moving area for the very first time. If it closes underneath this, that's going to be an issue, and it'll be talking, telling us that something's going on. There's different goals, spiral back over the 1526 high of November the 1st. I'll talk more about it in the next segment coming up.