 Good morning folks Steve Rhodes coming to you live from the shores of a well cloudy in cool Delray Beach, Florida. This year 11 am update. We've got a mixed bag out there. The mix goes like this. It's the dollars trading on 54 points, New York Stock Exchange is off seven, the other US indices are trading the upside S&P's up 19, NASDAQ's up 191, one and one fourth percent out there. The Russell's basically flat, the semis are not flat, 3% move to the upside, 122 points. Gold's up nine bucks, Silver's up seven cents, slides recruit up a buck. Natural gas is down 12 cents, 30 year treasury, we're putting out $1208 that's off 17 ticks out there. Let's go take a look at what all this means by looking at that nine panel market update chart. We begin with the upper left hand side, we've got the EES mini. What is it doing? Well it's just trading below the bottom of again the profile levels that we have established here on the black background chart. That is resistance. Resistance is 47.99. If we take a look at the spot bulletinics, it's still above the 50 day exponential moving average. That means these markets are not out of the woods and what we're seeing here is an oversold rally, at least that's the message at the moment. If in fact the spot bulletinics were to close below 1373 today that would signal that buyers are the ones that have the edge. If we take a look at the NQ, the NQ is trading above the top of its profile. In fact a close, yes it was a bearish and golfing candle. That actually confirmed a roadsman to Mindicator top. But a close above yesterday's high, 17033.75 when they gate that signal. In the case of the US dollar index, likely targeting 104.66, you've got a bit of a bounce here in gold but it's still below profile. It's got an 80 peak, we'll see any pattern. To the downside, 1986 is its first price projection level. Silver's still holding its TD9 account bottom. If in fact we get a close below 2263, we've got another leg lower inside of Silver. Lights we've crude, just trading in between us descending and its rising price channel as well with inside its profiles out there. But it's really that little wedgie and at some point in time, price is going to break out of that and then we'll have a measured move that's equal to that wedge. If we take a look at natural gas, odds favor that it's going to pull back towards the 261 to 269 level. That's its bowler structured by zone out there. Close below 2.611 is going to send us all the way back to the most recent lows. In the 30 year treasury, it's completed or it's confirmed an A to B equal CD to the downside. It's initial price projection, 1.1827-ish type level out there. That folks is your market update for Thursday. Yeah, it's already Thursday, January 18th. Have a terrific day. Stay tuned for the Trader Said Show but if you have to start your day, have a wonderful one. I look forward to speaking with you again soon. Take care, guys.