 Good morning folks this is Steve Rhodes coming to you live from the shores of well partly cloudy Delray Beach Florida. This is your 11-a.m. update and currently have all of the U.S. indices that we track trading the downside as well as all the sectors within the S&P 500. The Dow's up 56 points about one in four tenths 2% for the Nasdaq 100, 241 points low over 1% for the Russell 22 points there, semis down one in eight tenths or 54, trend is down nearly 2%, that's 280 points to the downside. Gold is off the buck, silver is flat, lightspeed crude is up 45 cents, tradeout 80, 57, natural gas back seven, eight pennies out here, 30-year treasury is flat and the 10-year note is up one tick, tradeout 1502. The Dow's off 384 points, that's about 1% to the downside. Let's go try to figure out what all this means but take a look at that nine-panel market update chart. We can see the top of that daily profile acting as a resistance point for the ES mini. Mark that down on your pad of paper, that's at 4035. Price likely pulling back to the center of its profile and that's at the 3948 level. Spot follow genetics is still well below its 50-day exponential of an average so that would suggest that this is just a retracement not the beginning of some kind of major top or anything. If we look at the NQ we can see that its pullback is found support at the top of its daily profile as well as its rising trend line and that's at the price point of about 11658. If we take a look at the US dollar index again this is another day 2468. Day number nine, small-bodied candle, small sideways move which maybe this is getting ready to take off to the upside to the downside right now we'd have to guess to the downside with price below the bottom of that daily profile. Goldilocks, small-bodied candles above the top of its daily profile which is 191250. Silver, consolidating sideways in a fairly narrow range it's got that Roachman Dementicator top up at 2452 a close above that says it's ready to get ready to take off to the races. We take a look at Lightspeed Crude, consolidating with inside its daily profile. The range there is 7734 up to 8177 natural gas. If it closes below 2.992 or 2.971 we're below that level right now. A close below 2.992 suggests lower price that would negate its Roachman Dementicator bottom that formed a couple of days ago when we got a bullish hammer candle. Again that profile is one that suggested to me be careful don't take the trade just yet you need to see a close above the top of that profile 338. 30 year treasury its resistance levels 132.15. Folks stay tuned for the Trader Zed Show but if you have to start your Wednesday please have a wonderful one and we'll look forward to seeing you again soon. Take care now be safe.