 news update. Good morning, folks. This is Steve Rhodes coming to you live from the shores of sunny Delray Beach, Florida. This year, 9 a.m. market update. And currently we've got the U.S. equity futures pointing to the downside. Dow's down 71. S&P's off seven. NASDAQ 128. Russell's off three points. Over in Asia last night, you had the Shanghai finished down 11 points. Retent's a Nikkei up one and seven tenths and 457 points to the downside. Gold's off 18 bucks. That's 1%. Silver's down 4% or 80 cents. Platinum's about 37 bucks. Palladium's down 19. Light's been crude. Trading out at $108.03. That's up two and a quarter. That's 2%. The NQ, the natural gas is up 42 pennies. That's a nice rebound off of yesterday's move to the downside. Trading out at $5.85. And the third-year treasury up 24 ticks. $139 is the print. So we just recorded the Trader Z show between 8 and 9. And that is certainly signaling the market's intent to form a bottom out here. So what additional information did we not cover during that show that we're going to cover right now? Well, that's really by take a look at the sectors inside the S&P 500. So if we take a look at the XLK, that's the number one weighted sector inside the S&P 500. Yesterday was a test to rejection of its swing point low. Well, the swing point, the high of the swing point. And that was at $125.52. That swing point had volume of 16.3 million shares. Yesterday's test was on 7.8 million shares. The NQ or the NQ, the XLK is telling you that it wants to trade higher. Now, higher is going to be $130.16. And above that, it would go target the swing point from June the 27th out there. If we take a look at the XLF, the financial sector, it tested and rejected its swing point. That was from June 16th. That had volume there of 100 million shares. And yesterday, the test was 75 million shares. So at the XLV, so those are the top three sectors inside the S&P 500. The XLB is already bullish. It's trading above the top of its daily profile. You've come take a look at the communication sector. The communication sector tested the top of its swing point. Its swing point was June the 16th, 5417. That was tested with 4.9 million shares. That swing had 6.9 million shares. Folks, the XLI, the industrial sector, the same test rejection. The material sector, the XLB, the same test and rejection out there. Market is telling us that it really wants to rally. Have a terrific 4th of July. Be safe out there. And I look forward to seeing you on Tuesday at 1 o'clock sharp. Take care, folks.