 Good morning folks Steve Rhodes coming to you live from the shores of sunny and pleasant Delray Beach, Florida. This year Lebanon update we've got a sea of red all the US indices that we track our trading to the downside down 40 points about a little less than two tenths of a cent. Four tenths for the S&P or 16.6 tenths for the Nasdaq one hundred eighty nine points there and seven tenths for the Russell. That's about a 13 point move. You've got the semis down 52 bucks one and a half percent got trannies there trading down a hundred and two that's a seven tenths of a percent move to the downside goals also trading down by seven tenths that's a 14 point move silver by seven tenths 16 points there likes recruit us up 87 pennies natural gas basically flat the third year treasuries down a half a point trade out at one nineteen ten. Let's try to figure out what all that means by looking at that nine panel market update chart. The ES mini ES mini right now is trading below a very key level. You want to write this number down in your pad of paper if you don't have it there already it's forty three seventy seven. We had a close blow forty three seventy seven. We likely have a change in turn I won't say likely we will have a change in trend. If we take a look at a spotball till next yesterday a tester rejected that fifty day exponential moving average as long as the price remains above it and it is 1560. Sellers have the upper hand. In the case of the NQ its next area of support is down at the fourteen six ninety two level at the bottom of its profile U.S. dollar index yesterday negated its TD nine count top price is trading above that high right now. It looks like wants to break out but during the show the traders that show we're going to take a look at the Euro the end of the pound because those are the influencing factors with regard to the U.S. dollar index gold consolidating with inside its daily profile that range from nineteen eighteen to nineteen fifty three silver pulling back this is going to be day number two now there is a new profile that is attempting to form the top of which is a twenty three sixty two. So this is a profile that is trying to form below price. That's a bullish signal for a silver out there doesn't mean that price can't pull back to test that level of resistance which right now be twenty three sixty two but is a bullish signal actually crude has held its swing point down at seventy eight sixty price has resistance up at the eighty one thirty eight to eighty one ninety four level. Natural gas will complete a TD nine count bottom pattern today. It's also forming a new profile. It supports a two fifty five resistance up at two seventy nine under thirty or Treasury just consolidating with inside its daily profile does have a TD nine count bottom as well. The continues to trade lower support will be down at the one eighteen oh nine level. Folks stay tuned for the traders that show but if you have to start through Friday have a fantastic weekend. Thanks for joining us. We'll look forward to speaking with you again soon. Take care now.