 Good morning folks, this is Steve Rhodes coming to you live from the shores of sunny Delray Beach, Florida. This year, 11 AM update. Currently I have all the U.S. indices that we track trading the downside does off 50 points about two tenths were sent three tenths for the S&P or 14 points two tenths for the NASDAQ 100 27 points three quarters of a percent for the Russell at 15 points of downside about nine tenths for the semis at 26 points of downside there if a gold trade off 21 bucks it's a little over 1% 2.5% for silver has 51 cents she's trading out of 2018 lights we crew back 372 88 40 is the print there natural gas off 18 cents 858 is the print and the 30 year treasure is up 1.141 19 so let's go take a look at our nine panel market update chart so we can find it here in the upper left hand corner what do we know so we do know that the ES mini has gotten up to resistance that happens to be the top of its weekly profile 42 77 so hence the struggle could this be the place where price would turn around it could if we were going to see that we would get some type of bearish reversal candle that confirms the sell the d-point pattern we don't have that as we speak right now you have a spot ball tunics it still blows 50 day exponential moving average the 50 days at 2433 so long as price remains below that now we do have a slightly rising spot ball tunics so we'll have to keep an eye on that but with it below the 50 day exponential moving average the wind is at the sale of the winds at the back of the sales for the S&P 500 the NQ trade about both the top of its daily and weekly profile isn't full out bullish motion out here bullish motion that is it is absolutely bullish as we speak if you take a look at the US dollar index just consolidated with inside its daily profile that's between the range of 105 20 and 106 58 gold right now is trading below the center of its bearish structured daily profile and that level is 18 0 to 8 18 0 to 80 we're trading right now at 1795 if price close below 18 0 to 80 then what that suggests is we should see a move down to test support which would be the bottom of that daily profile 1775 you have the same setup inside of silver it too has a bearish structured daily profile and this suggests that a close below 20 42 today should see a move down to support that's at 1974 lights we crude so far still maintains its currently by pattern and will do that as long as price remains above I should say closes above 88 23 natural gas pulling back but above the top of its daily profile so that looks pretty bullish looks like it should go target that most recent high from back in July and we take a look at the 30 year treasury back inside its daily profile a close today above 140 31 suggest a move up to the 140 306 level folks stay tuned for the trader's edge show but if you have to start your Monday please have a magnificent one and look forward to seeing you again soon take care now