 News update. Good afternoon folks Steve Rhodes coming to you live from the shores of very sunny Delray Beach Florida this year one PM update currently of all the U.S. indices trading to the upside the Dow is up half a percent that's a hundred seventy nine points the Nasdaq is up two and a quarter percent three hundred thirty points the S&P one and a quarter percent fifty three points the upside the Russell's up two and a quarter points forty four points semis up nearly four percent hundred twenty two points he straight out at thirty four twenty six out there gold is up eleven bucks silver ten cents lights recruit up ninety two pennies she's traded eighty seven seventy four let's go take a look at our market update charts out here we begin by look at the ES many would we know about it well it completed and formed to buy the D point did that last Monday when it generated that bullish hammer candle then a couple days later you have a bullish structured profile that formed Friday's close was above the center of that profile forty three thirty nine forty three ninety six I should say as long as price close above that we may see a price target of forty six twenty five that is the top of the daily profile look at the spot ball until next it's still below so I'm sorry still above its fifty day exponential moving average that's pretty to two twenty two twenty three more likely than not that is the target if there's one day rate of change below minus ten percent than that really confirms that that is the target or the minimum target of twenty two twenty three the NQ is trading with inside its daily profile like the ES many like each of the equity future contracts they formed bottoming patterns last Monday and now the ES are the NQ should go target the top of its profile that's a fourteen eight seventy four level out there the US dollar index confirmed eighty nine count top that has a new profile attempting to form below price so price should go target the top of that profile that's should become support that's at the ninety six twenty six level gold is re is gotten back above the center of its bullish structure weekly profile that's at the seventeen ninety level so the next price target for gold the next level of resistance going to be eighteen oh eight and eighteen eighteen silver made a found support at the center of its bullish structured weekly profile and that's at the twenty two twenty three level if we see precious metals rally sober it's counter trend if it's only a counter trend move would find resistance at about twenty three oh nine like sweet crude forming a new daily profile out here still looks bullish to Stevie with a price target of at least eighty nine oh three out there natural gas got an A to B equal seeding to the upside assuming there's no bearish reversal candle price should go target the five fifteen level folks they told for the trader said show if you're off to start your Monday have a magnificent we'll look forward to seeing you get some