 Good morning folks Steve Rhodes coming to you live from the shores of well mostly cloudy Delray Beach Florida this year 11 am 11 am update we got a mixed bag out there that mix goes like this you got the Dow 43 S&P down 25 Nasdaq 101 48 you've got the Russell up about 10 points the semis are up 11 points the trainees up 161 New York Stock exchange off 24 points about 210% to the downside gold is off 24 bucks trading out of 2002 while Silver's trading out of 24 97 that's off 11 pennies lights we crude is off 37 cents traded 80 36 natural gas up 13 cents trading out of 214 30 a treasure off 24 ticks she's printed out at 130 211 let's take a look at that nine panel market update chart we begin the upper left hand corner you've got the ES mini what do we know about it you have a sell the D point pattern that formed out here on April the 4th you had a nice key reversal bar session that had formed there price is now consolidating with inside its profile it's got resistance up at 41 71 75 and support at 40 76 and a quarter spot ball tonic still remains below its 50 day exponential moving average therefore it gives the edge to buyers we take a look at the NQ there is an A to B equal CD to the upside with a price projection of 13 9 66 however we do get a bearish reversal candle today and at the moment it is a bearish engulfing candle that would confirm a roadsman to indicator top and a price close blow 13 062 95 that would be below the top of its profile and that would suggest a further move lower or could suggest a further move lower the first price target would be about 40 well actually I can't give that number up top man but we can do that during the show the market is having some conniptions so to speak with the US dollar index which formed by the D point pattern did that a couple of days ago and now it's consolidating with inside its daily profile with its site sets on the resistance level the top of that profile 102 58 price closes above that my guess would be we'd at least see gold pull back to 1974 a new profile that's attempting to form a silver at least 24 45 also a new profile that's attempting to form but we won't have confirmation on these until this evening lights be crude still has a teeny night count top but boy it's been resilient it has just traded sideways and very small bodied candles out there natural gas on Friday negated its buy the D point pattern out there however today if you close where you're at right now or just simply close above the open from Friday Friday's open out there was $2.14 cents you close above that you'll have another buy the D point pattern the real issue here for natural gas is that center profile line $2.85 that's what price must close above to suggest that there may be a bottom in natural gas folks stay tuned for the trader said show but if you're out to start your monday please have a magnificent one thanks much for joining us we'll look forward to speaking with you again soon take care