 news update. Good morning folks. This is Steve Rhodes coming to you live from the shores of sunny Delray Beach, Florida. This is your 11 AM update and we've got a sea of red. I mean the only thing that is green on my top portion of my charts is the U.S. dollar index and the Japanese yen out here. So you've got the Dow off 287 points, S&P down 41, NASDAQ off 144, Russell down 24, S&P off 40, that's 0.8, 1.10, the one and a quarter, one and a quarter for the Russell, one and a half percent for the S&P out there, spot politics trading well above its 50-day exponential moving average, it's trading out at 26.84, gold is back 13 bucks at 7.36, Silver's off 37 cents at 18.29, Lightwood Crudeback 3.75, TradeNet 93.27, natural gas off 36 cents. Basically everything is trading to the downside. Let's go try to figure out what all that means out here. If we take a look at our nine panel, market update chart, we begin by taking a look at the ESMini. The ESMini today forms bar number eight of a TD9 count. That says we should get a TD9 count bottom by Thursday out there. If we take a look at spot volatility, again above that 50-day, which is at 23.88, you've got the one-to-one completion of the NQ's A to B equal CD to the downside, the bullish reversal candle would confirm A by the D point. Today is bar number nine of a TD9 count. That says if the TD9s are going to identify a bottom inside the NQ's, that should take place between today and tomorrow. US dollar index just consolidating with inside its daily profile. It's got resistance at the top of that profile, 109.20. If Goldilocks closes low 17.40, 20 you'll have an A to B equal CD to the downside with the first price projection of 16.94. Watch 17.40.20 today. Silver is gunning back and testing it's July 14th low. That low out there is at 18.17. Oh, it's right there in front of my face. 18.17. Price closes below that. Silver's got some real problems. Lights we grew just consolidating with inside its profiles out here, the top of which is or the center, I should say, is the 97.82. That's the center of its weekly profile. That's the area that's struggling to clear. In case of natural gas, which has a TD9 count top, a price closes below $8.83. Expect to run down to $8.22. So 30-year treasury right now, trading below the bottom of its daily profile. It'll need to close below 135.14 to suggest it's got problems in River City. So folks, it is 11.02. And if the market has bottom, it's bottom basically almost right now. That's based upon those 30-minute charts. And we'll take a look at their TD9s as soon as we get that Trader's Edge show going. So if you're out to start your day, have a terrific Tuesday. Otherwise, stay tuned for the Trader's Edge show. Take care, folks.