 news update. Good afternoon folks. Steve Rhodes coming to you live from the shores of Sunny Dell, Ray Beach, Florida. This is your one PM update. We got a bit of a mixed bag out here. The Dow's off 90 points. She's trading at 36 066. The S&P's up 11. Interesting. The S&P's up and the spot ball of till next up 88 cents as well. We've got some wacky markets. The NDX up 166. Russell's off three. Some eyes up 96. They're the big leader to the upside. They're up 2.7 tenths percent. Gold is up 29 bucks. Nearly 1.3 tenths percent out there. Silver up 3 percent. 69. Penny, she's trading at 23.92. Lights recruit back 61 cents. Let's spend a little time with our nine panel market update chart out here. So take a look at the ES mini in the upper left hand corner. Here's what we know. Price is above the top of its daily profile. Clearly, there's an A to B equal CD to the upside. So if we were to see a bearish reversal candle, that would suggest some type of short term top and price point back to support. The daily profile support right now is at 45.90. Spot volatility still below its 50-day exponential moving average. That's currently printed at 17.80, prices at 16.02. As long as that condition remains, well, the wind is at the back for the S&P 500. Suggest we should see higher price. The NQ, very similar pattern to the S&P or the ES mini out here. Price is above the top of its daily profile out there. I'm not suggesting that if there's a bearish reversal candle, that price makes its way back to 15.483, but that is the top of its daily profile. The US dollar index having a nice move but has not taken out resistance. The key resistance level for it is going to be the high from the trading day of October 12. That level is at 94.57. If price takes that out, it's on its way to the upside. If you take a look at gold, having a nice move today, but just really, it's the resistance level that it needs to take out in order to generate a new A to B equal CD to the upside is 18.15.50. In the case of silver, the good news is that price is back inside its daily profile out there, but what it really needs to do is get back above the weekly. That's at the 24.23 level, but the real resistance level, this would set up the A to B equal CD to the upside, which could make yesterday's low in both of these instruments, the B point, I'm sorry, the C point of the A to B equal CD. We're not calling that yet. Price has got to take out those resistance levels respectively 18.15.50, 24.92 and silver. Light sweet crude is suggesting a change in trend. A second close today below 81.24. That would be the signal. The case of natural gas does have a new profile that's out there price city right at the center in a 30 year treasury trading between support resistance of its daily profile. 161.40.14 is the resistance and 159.19 is support. Folks, stay tuned for the Trader Zed Show. We'll see you in just a few.