 headline news update. Good afternoon folks. Steve Rhodes coming July from the shores of Delray Beach, Florida. This is your 2 p.m. update because we've got all the U.S. indices that we track trading to the downside. The Dow's off 231 S&P 29, NASDAQ 164, Russell 19. Summai's down 32. Trendy's off 207. They're the big leader percentage wise to the downside. Spot follow totics is well above its 50-day exponential moving average. She's trading at 1851. That always is bearish, directly speaking for the S&P 500. Gold's up $4 while Silver's back 21 pennies. Like we crude up about $2, trade at $83.92. Natural gas off 45 cents. That's nearly 8.25% to the downside. Let's go spend a little time as we do during this segment by taking a look at our indices charts out here. So give me a moment. We'll switch over to that page and we'll begin by taking a look at the Dow that's in the upper left hand corner. You'll see that today should become bar number nine of a TD9 count. In order for that to happen, we need to see price close above $36158. $36158 is what we'll call it. If price close above that, you'll have a valid TD9 count. That suggests to move back to the oscillator and change line, not much further below $36131. The S&P 500 confirmed a TD9 count top yesterday and price should go target its oscillator and change line of $4656. The NDX100 confirmed a TD9 count as well. Its price target is $16087. The Russell 2000 confirmed a sell the D point yesterday with its bearer shooting star candle. That puts its price target down at $2385. The semiconductor index is forming a TD9 count today. Now you can still get a higher high tomorrow and that pattern would still be a confirmed TD9 count. Regardless of whether that happens or not, this is suggesting that price could pull back to $3625 level. That's its oscillator and change line. In the transports, she too very likely targeting the 16612 level. It's oscillator and change line. I know you're getting tired of me saying that, but that is where price is likely headed to. That's not the same thing that we have inside the XAU. The XAU is above the oscillator and change line 13309 and that remains bullish and suggests that it should move to higher ground out here. The New York Stock Exchange. So this is kind of an interesting chart out here. Why is it interesting? Well, there is no topping signal out here. Yeah, it's got a rogment and indicator signal. But right now so far, this is just an inside day. And an inside day for the New York Stock Exchange says that the trend that's in place would continue. So that's kind of an interesting message out there for the wider swath of the market. That's not the only wider swath of the market message that we have. There's one more. I'll try to get to it here momentarily. And that's taking a look at its advanced decline oscillator, which is still above zero. So the New York Stock Exchange is bullish. Folks, stay tuned for the power trading hour. I'll see you tomorrow on Wednesday.