 Good morning folks Steve Rhodes coming to you live from the shores of well partly sunny Delray Beach Florida. This year 11 a.m. update and currently have most of the U.S. indices trading the upside the one that is not as a transports there are 17 points it's about one-tenth percent to the downside no big deal there two-tenths to the upside for the NASDAQ I'm sorry for the Dow that's up 68 points a half a percent for the S&P 25 points a little over one percent for the NASDAQ that's 163 points Russell is up about over one percent 42 points there you've got gold trading out at 1965 that's up nearly four bucks 62 pennies or two and a half percent for silver is the move there 2494 is the print lights recruit up 90 cents 7664 is what that is printing out at let's go take a look at that nine panel market update chart will begin with the ES mini upper left hand side what we can see here is price yesterday negated that roads meant a indicator top so that signal is no longer there there is a still a a a relative strength divergent pattern that is out there that needs a bearish reversal candle to identify a top but at this stage here price should continue to move higher if you take a spot ball till next well below the 50 day exponential moving average that puts the wind at the sales for the S&P 500 for the bulls if you take a look at the NQ close today just like yesterday it closed today about 15 475 50 would negate as TD TD sequential count I just got TD 9 up there it's really not but the TD sequential count and so then it also would have no top now it has triggered a roadshed and indicator signal so the next bearish reversal candle should one form would identify or could identify a top it just depends whether not that whether not that pattern is still in place at that point in time US dollar index as a main has achieved more than the 1 to 1.272 a to b equal CD to the downside next price target around 98 87 that's the 1.618 expansion gold yesterday closed above the top of its daily profile it closed above the center of its weekly profile its next price target would be 1995 silver right now giving us the most important signal of all the question is will it close a day above 2477 or 2493 wise 2477 important the reason is because that is where a counter trend move would end from a weekly perspective so does it matter where it closes today no it really matters where it closes tomorrow and that's at that 2477 level so have that jotted down in your pad of paper lights recruit it does have a TD 9 count top in place it'll be negated with a close above 7594 and if that happens folks that says lights recruit likely to head to 8109 we don't have that message just yet stay tuned for the traders end show if you would but if you're off to start your day please have a terrific one and thanks for joining us we'll look forward to speaking with you again soon take care