 T. F. N. N. Headline news update. Good afternoon folks, Steve Rhodes coming to you live from the shores of very sunny and pleasant Delray Beach floor to this year, 2 p.m. update and currently we have all the U.S. indices trading in the downside. The Dow is up 122 points, 115 points, about three tenths of a cent, S&P six tenths or 27 points, NASDAQ 107 tenths or 109 points, Russell 2001 and two tenths percent or 25 points. The semis are off 67, one and nine tenths percent. You've got gold trading out at 1935, 90 that's up 18 bucks, silver's trading out at 25 bucks, even Steven 26 cents to the upside a little over 1 percent, natural gas up 25 pennies, that's a big move, nearly 5 percent, she's trading at 558 and a 30 year treasury. Up 10 ticks, 149.08 is the print. Let's go spend a little time and take a look at our eight paneled indices charts out here. If you give me a moment, we're going to change screens in the upper left hand side in just a moment, you're going to see the Dow Jones industrials. You're not going to see a topping pattern. You're going to see price getting up to resistance, TD nine count breakdown level of 35, 431 and oscillator and change line that recently changed color, price net line are likely to catch up to each other. That is if the S&P and the NASDAQ are able to pull the markets lower. The S&P 500, that's the next chart has a TD nine count top that completed yesterday, the NDX 100, a TD nine count top yesterday as well. Both of those suggest that price should target their oscillator and change lines and the S&P it's 44.73 and the NASDAQ 100 is 14.460. The Russell 2000 yesterday was attempting to break out and in fact it still is in breakout above its consolidation, but if it's able to close back below 21.05.20 where 21.08 then the consolidation breakout message will have been negated and that would suggest at least point back to 20.61. The semis do not have a topping signal. The SMH does so you got difference in those two charts out there. So if the S&P and the NASDAQ are going to move lower, well so too will the semis and their price target will be 34.21. Now you've got inside bars in the S&P and the NASDAQ right now and inside bar typically says and you've got that in the Dow that the trend that's in place should continue and that's move higher. So those are the signals but it will all be dependent upon what it looks like at days end out there. So your TD9 count tops are the New York Stock Exchange NASDAQ composite, NDX and S&P 500, a consolidation pattern in the Russell 2000 and folks stay tuned to your favorite polar bear. I believe he is a polar bear today. He is up next. So stay tuned for that. Tom O'Brien will take us on home from three to four and I'll be back with you tomorrow on terrific Thursday at one o'clock sharp have a wonderful Wednesday.