 T. F. N. N. Headline news update. Good morning folks. This is Steve Rowan's coming to you live from the shores of very sunny Delray Beach, Florida. This year, 11 name update currently we have a little bit of a mixed bag out there that mixes coming from the Dow, which is up 37 points. Otherwise, all the other US indices are trading to the downside. The S&P's up about seven tenths percent. That's 26 points in Aztec one and a quarter percent. 133 points there. The Russell's off nine. That's a half a percent. Three percent for those some eyes. They continue to get hard hit hard. They're down 71 bucks. There's not going to be any kind of bottom pattern out here until you get those some eyes to form some type of at least short term bottom trannies are off 64 bucks. That's a half a percent. Gold is up a buck trade out a 16 76 silver off 26 cents. That's one or three tenths percent to the downside. Life's been crud is off two percent. She's trading out at 89 and a quarter. Natural gas is basically flat in the 30 year Treasury 124 28. That's up 23 ticks. Let's take a look at that nine panel market update. Try to begin. We look at the ES many. That's in the upper left hand corner. What's that telling us? We'll price below the bottom of its profile daily and weekly. There's no weekly profile that is attempting to form and it still has not hit that target from last Monday. That's at the 35 71 level price got down to 35 80. I suspect it will get all the way down to that 35 71 level. That is especially the case. As long as that spot politics remains of its 50 day experience moving average when it's above the 50 day. It is basically sellers that are in control of the market. The NQ been below the bottom of its daily profile. This will be session number three. It's now taking on last Monday's low which is 10 890 75 a close below that negates its by the deep point pattern. And that would suggest lower price. U. S. dollar index trading above the top of its daily and weekly profiles. That suggests to run the resistance. That's up the one 14 74 level. Goldilocks. Now if this is just a counter trend move to the downside in gold. The reason why I say that is because gold was able to break out above resistance atop of its daily profile. A new profile has formed. It is actually below the prior profile. So it's kind of a bearish message. Not kind of. It really is a bearish message. However because when this profile form price was above it. A counter trend move would find support at the center of that bearish structure profile. That's a 16 68 80 below today 16 67 50. We're trading above. Now what gold needs to do is get back above 16 80 50 to suggest that there's a possibility it's on its merry way higher. Same same as true with silver. It tested so far the top of its daily profile. That key level is 19 21. We can see that lightspeed crew also attempting to form a new profile. So sellers are up at the top. That's up at the ninety three sixty four and support all the way down at eighty fifty nine. Folks stay tuned for the Trader Zed show. But if I have to start your Tuesday please have a terrific one and we look forward to seeing you again soon. Take care now.