 T. F. N. N. Headline news update. Good afternoon, folks. This is your 2 p.m. Live update. Steve Rhodes coming to you live from Delray Beach, Florida. Currently, we've got mixed indices. Everything is in the green, with the exception of the NDX100. It's up $3.60, so basically flat. But the Dow is up 97. S&P about six. Russell's up six. Summars are flat. New York Stock Exchange and Willstrup 35 and 63 points. Trannies are up 72 points. NASDAQ composite up five. Spotball of Tilnex is down 45 cents. Trade out is $12.68. Gold is flat. Trade in $14.63. Silver off seven pennies. Trade out is $16.99 out there. Let's go take a look at the S&P 500 and see what it is that we've got going on right now. First, with regard to the daily chart for the S&P 500, we've got the active topping pattern and signal out here. That's called your TD setup nine count pattern. That pattern confirmed just a few days ago, and that suggests that a top may be in. That confirmed on November the 19th. Yeah, price is up. Price may rally even further inside the S&P 500. 3119 would be its target that is referred to as Stevie's green line out there. But you do have a valid active top inside the S&P 500. You've got one inside the Dow Jones as well. So a nice little rally. But at this stage here, we've got to call it a countertrend rally in a move that's got a nice top. A TD setup nine count to sell the D point of the A to B equal CD rally could move up to 27 913 from here. But still this suggests more likely than not. We're going to see price head down towards a 27 407 area. Don't get caught up into the rally that we're seeing going on out here. It could be just simply a setup to go ahead and sell into the market. If you take a look at the NDX 100, you've got the same TD setup nine count out here. No confirmed A to B equal CD to the downside just yet, but you do have a active pattern. And you've got the same inside the Russell 2000, Russell 2000 generated this topping signal a couple of weeks ago and has been trading sideways to slightly lower downside target. And it is about 15 44 out there. What? Now, if the market is going to move to those levels, what you're going to see and we don't see it right now is the spot volatility X trade above its 50 day exponential moving average. That's priced at 14 13. We're trading at 12 72. So that says a lot of sideways action, but it's very toppy out there. What's the straw that's going to break the camel's back? They have a terrific, fantastic Friday. Tune in next Monday, nine o'clock during Larry Pestimento show to hear me do my Traders Ed show. Take care.