 Good morning folks. This is Steve Rhodes coming to you live from the shores of very sunny Delray Beach, Florida This year 11 a.m. Update clearly have all the us indices trading to the downside that I was up 185 points a half a percent One percent for the S&P or 43 points one is six tenths for the Nasdaq 100 That's nearly 200 points about 1% for the Russell. That's 17 one and seven tenths for the semis That's down 45 points gold is up 10 bucks half a percent eight tenths for silver Which is 18 cents. She's trading out of 22 38 lights be crude back about 36 natural gas off nine pennies the 30-year Treasury Pretty not at 129 17. Let's go see what all that means by taking a look at our nine panel Market update chart. We begin with the ES mini what we have out here is priced right now Consolidating with inside its bolder structured daily profile. The area of support out here is between 39 39 and 39 67 we're trading at 39 58 now Look if price does close below 39 39 today, that will signal a change in trend Spotball tennis is moving higher still well below its 50-day exponential moving average Which is printed at 24 39 The NQ it did form a new profile yesterday prices trading below the bottom of that profile 11 6 69 But the bottom of the daily profiles for the NQ haven't really acted as support out here So we really have as a consolidation with inside that weekly profile That's between the range of 10 734 and 11 986 US dollar index formed to buy the d-point pattern yesterday It did it when it generated that bullish engulfing candle at about the 1 to 1.618 a to b equal CD to the downside now New profile has formed support exists at 104 25 resistance at 106 50 We take a look at Goldilocks if it can close above 1806 we get an a to b equal CD to the upside That's not the pattern we have and play at the moment right now just a consolidation with inside its daily profile That's between 1756 and 1806 new profile for silver support being 22 10 resistance being 22 89 lights we crewed testing the bottom of a weekly profile That's forming this week and that level is 75 49 price printing out at 75 59 we take a look at natural gas it is trading below its swing point from October that suggests lower price out there I do believe we could get a TD 9 count bottom pattern sometime between tomorrow and a Friday of this week in the 30 year treasury Printing above resistance that suggests it wants higher price right now printing out at 129 14 support out there Or really what used to be resistance now support 128 17 folks stay tuned for the Trader Zed show But if you're off to start your Tuesday, please have a terrific one and we'll look forward to seeing you again soon Take care now