 T F N N headline news update Welcome to the 2 p.m. Update. I'm your host Steve Rhodes right now. We've got the flat market out here The Dow is up three points the S&P's up to Nasdaq 111 Russell is off seven So flat market out here and no volume to speak of we're gonna have one of the volume experts He's coming up here next David White as he kicks off his show But if we do take a look at the spies they've been trading for four and a half hours four and a half of the six and a half hour trading day You're a 24 million shares today extraordinarily light volume But it's an inside bar out here inside bars typically tell you that the trend that it came from is going to continue You know, is this a trend to the downside or is it a trend to the upside? Good question out there bottom line. There's no conviction inside the markets I suppose if there's no conviction inside the market You're not gonna get any conviction out of my voice either But let's go see what's going on inside the Dow diamonds out here the Dow diamonds right now trading on a 271 28 talk about a lack of conviction in Geez Louise is this actually correct? When I say geez Louise, I'm really referring to Louise here. Holy schnike ease Four and a half hours volume ends. I don't think I've ever seen this had to have seen it Volume inside the Dow diamonds in four and a half hours is 936,000 shares Yesterday in six hours six and a half hours. It was four million shares Now the Dow has been pushing lower whereas we had an inside bar in the spies We don't have an inside bar in the spies inside the Dow diamonds We have a push lower on lighter volume out there wouser wouser We take a look at the QQQ series ETF out here Sideways inside ish type of a bar 11 million shares Wow In just four and a half hours talk about everybody. Let's go see the IWM is the one that's been struggling right the Russell 2000 has moved lower on what kind of volume 12 million shares this thing made a high a few days ago with 31 to million shares talk about a light volume push to the Downside well folks that's what you have inside the marketplace right now You've got the gold contract trading out at 1511 no damage there yet But the key number to be watching inside of the gold contract today tomorrow Probably for a few days is going to be the bottom of that bullish structured profile out there and that level is going to be 1499 50 hey folks have a terrific Tuesday stay tuned David whites up next time will Brian to take you home from three o'clock on take care