 Good morning folks this is Steve Rhodes coming to you live from the shores of Delray Beach, Florida. This is your Lebanon update and currently have all the US indices trading the upside the exception being the Dow transports. They're off 30 points. You've got the Dow Jones indices up 337 over on percent nine tenths for the S&P or 35 points one and a half percent for the Nasdaq 100 167 points there about less than one percent for the Russell that's 15 points the upside now the semi-zero on fire they're up three and a half percent trade up 80 bucks at 2317 gold is up $15 silver's up 57 cents that's a three percent move to the upside lights recruiters up a buck 62 she trade out at 86 13 natural gas off two pennies still has not bottomed the 30 Treasury down 12 ticks she trade out at 121 17 if we go take a look at nine panel market update chart we begin with the ES mini that's in the upper left hand side price sorry that's the wrong I got to the wrong thing market update there we go here's the ES mini that's in the upper left hand side so price above the top of its daily profile that suggests a move up to 38 38 15 we'll take a look during the trader's edge show at the levels of price needs to close above first in order to signal that move now the spot balltonics is trading lower and looks to be targeting its 50 day exponential moving average which at 28 39 if that's like the outcome then we should see the S&P continue to move higher the NQ is taking on resistance that's the top of its daily profile that price point is at 11 231 75 but close above that today by the way we're trading 11 300 would suggest to move up to 11 986 US dollar index consolidating within swell it's actually it's trading above the top of its daily profile and consolidating within its weekly profile if you take a look at gold got all the way back down to its T9 support level that was a that formed on September the 26 16 2770 key level of sport gold now getting back inside its daily profile yesterday may have just been a one hit wonder with a trade down below now gold needs to close back above 16 45 50 today we're trading above right now to suggest a further move higher the case of silver we can see price made it its way down to the bottom of its daily profile and its rising trend line right now trading into the resistance zone its resistance zone where sellers are located is an 18 91 to 1926 lights we crude trading into the center of its bullish structured profile that's an 86 75 but this is more than a countertrend move we will see price close above that and that would then signal moved in 1994 you take a look at natural gas contract that needs a bullish reversal candle to confirm a buy the D point pattern 30 year Treasury trade not a 121 13 looks like this wants to continue to head lower folks they too for the trader said show but if you have to start your Thursday please have a terrific one and we'll look forward to seeing you again soon take care now