 update. Good afternoon, folks. Steve Rhodes coming to you live from the shores of very sunny Delray Beach, Florida, with your 2 p.m. update coming up all U.S. indices trading to the downside. The Dow is down 611, 1.8%. S&P 69, 1.6%. Nasdaq, 1.7%. 245. Russell's off 1.7. 34. Semi's down 62 points out there. Let's begin by taking a look at the equity future contracts. We didn't do that during the last hour. What's taking place as we speak is the key levels of support are being tested across the board. In the case of the ES mini, it's the bottom of its daily profile. That's at 4258. In the case of the NQ, it's a January 24th low, $13706. So far price is trading above that. In the case of the Dow, it's the Dow bottom of its daily profile, $33,366. We're at $33,385. In the case of Russell 2000, it is the top of its January 26th, 2628. Let me see here. I'll give you the correct date. That was the 28th. That top of that swing point at 1,966.50. Now, I don't know where price closes at the end of the day. As of 2.01 in the afternoon, we have tests and rejection of key levels of support. Let's not stop there. Let's go take a look at our eight panel industry charts out here. We begin by taking a look at the Dow in the upper left. So what we know is that the Dow is also trading down into its swing point from January 24th. It's not made its way all the way back down there. Today is going to become bar number seven. It has a road momentum indicator signal that's been triggered. Those are all things that will help us to identify whether or not there's a bottom that forms out here. If there was a bullish reversal candle, that would confirm a bottom. In the case of the S&P 500, really the same synopsis as we looked at for the Dow, prices trading into the January 24th swing point. It has triggered a road momentum indicator signal, bar number seven, Katie bar the doors. It would need a bullish reversal candle to confirm a road momentum indicator bottom. Same pattern going on inside the NDX 100. Now in the case of the NDX, we know that it's testing or is close to testing the bottom at swing point. That swing point low is $13,724. The high or the low today is $13,754. So no, it still has not tested that swing point low out there for the NDX. In the case of Russell 2000, price is now below its red oscillator and change line. If it closes below that, that is $19,927. That suggests a run of that January 28th low. The semiconductor index, they are below their red oscillator change line trading into, nope, still haven't got back to the January 28th swing point out there, price should target the 3304 level. Folks, stay tuned. Your favorite polar bear, David Weitz up next. I'll be back with you tomorrow at 8am sharp to host the Traders It Show. Hope you can join us then. Have a terrific Tuesday, folks.