 T F N N headline news update Good afternoon folks Steve Rhodes coming to you live from the shores of very sunny Delray Beach, Florida. This is your 1 p.m. Update and currently we got a mixed bag out here that mixed bag has the DAW up 187 with the S&P up 17 the interesting thing about that is spot ball attacks is above its 50-day exponential moving average She's trained at 1845 that's up 54 pennies today. The Nasdaq 100 is negative It's off 43 points. The Russell is flat semis are down 23 gold is off 43 silver down 45 cents out there Let's go take a look at our nine panel market update chart. We begin by take a look at the ES mini the upper left hand side You'll see that the price is still finding resistance at the top of its daily profile The profile right now is at 44. I'm sorry 47 11 75 So resistance is held you can see that this is going to be day number two for sure Maybe two and a half above the 50-day exponential moving average or appears that way that's currently printed in 1763 That usually leads to a bad outcome for the S&P in this case here the ES mini We would anticipate that price might be suggesting a retracement back to 46 35 We're gonna pay attention to the NQ because the markets aren't really gonna top unless the NQ does well If you take a look at today's candle session, you'll see that Friday's high and low has been exceeded So if the NQ closed just one tick in the downward direction from where it opened up that would generate a key reversal bar No, we'll take a look at this during the trader's ed show There's a rogement a indicator signal, but price is just tested and so far rejected that oscillator and chains line So that's a key level. I don't have that number for you right now But if you hang tight you'll get that in about the next 10 minutes or so the US dollar index Got an a to b equal CD pattern to the upside price above the top of its daily profile out there Looks like it wants to continue to move higher that next price projection area 96 81 Goldilocks is testing the bottom of its daily profile and that level is at 1816 20 we're traded 1811 Price closed below that the suggestion is that price would pull back to the 1761 1774 area that is the new weekly Buller structured profile that is attempting to form silver holding up better than gold from a profile standpoint has not made its way back to the support So port would be 2409 of course It really isn't support because the bullish structured profile the range for support for silvers 2409 to 24 27 Lights we crude it's got an a to b equal CD to the downside if it produces a bullish reversal candle That will generate a garterly by pattern natural gas testing support That's at $4 and 72 cents and a 30-year treasury just consolidating with inside its daily profile folks Stay tuned for the Trader Zed show, but if you're off to start your mind to have a magnificent one Thanks much for joining us, and we'll look forward to seeing you again soon. Take care And of course we'll be back in about four minutes