 network. Headline news update. Good afternoon folks. This is Steve Rhodes coming to you live from the shores of sunny Delray Beach, Florida. This year, 2 p.m. update, including we have all of the U.S. Indices trading to the downside. The Dow is off 535 points. The S&P 67, NASDAQ 120, 224. Russell's off 48. Semai's are down 51. Trendy's off 300 points out there. Let's go spend a little time and take a look at our cash in the sea charts out here. Give me a moment. We'll change screens and as we change screens, the first one that gets populated in the upper left hand corner is the Dow Jones Industrial. So here we see that the Dow is trading into its swing point from December 1st. That was a nice TD9 count bottom and a rejection would require the Dow to close above 35004.64. If it does not do that, even if it trades into that swing point with lighter volume, you could see a test of those lows. If we take a look at the S&P 500, price is traded right back to its level of support, its breakout support, which is 4551 or traded at 4553. So support so far holding in an area where we'd expect, excuse me, to see support hold. The NASDAQ 100, just below its level of support, its breakout level, TD9 breakout, 15578. We're trading at 15581 out there. So watch that, but support appears to be holding. The Russell 2000, if it can close today above 213090, here 2127, then its rose momentum indicator bottom will still be retained and you also have wave number seven. That's a letter G. That's a red letter G that's on my screen. So that's a potential bottom, but that can't be confirmed until we have a higher low. The semis, the semis are just trading in a sideways consolidation. Trying to pull this over here, see if we can do it. There you can see the consolidation. So right now, price is trading to the bottom of consolidation, which was really established by the hammer candle from the trading day of December 6th and that low out there is 3687. You trade at 3711. So as I look at these charts, the semis are at support, the NASDAQ 100 is at support, the S&P 500 is at support, the Russell 2000, it's testing a key support level out there, kind of getting the support, support, support thing. The Dow Jones transport is very likely headed to 5146.62. That's its CD9 breakout level. The spot, these XAU, look at that. You've got gold down 11 bucks, 6.10 some percent, silver down 22 cents. That's 1%. And the XAU is holding that oscillator and change line. That's bullish action inside the miners. Folks, stay tuned. David whites up next. Take care.