 news update. Good afternoon folks. Steve Rhodes coming to you live from the shores of sunny Delray Beach, Florida. This year one PM update and currently have all the US indices that we track here trading to the upside. The Dow's up 342 points. That's 1% about eight tenths for the S&P. That's 35 points. NASDAQ 100 a little over 1% 162 one to four tenths for the Russell 28 points and 2% for the Semi's are up 70 points. Gold is up seven bucks. 1827 is the print. Silver up 15 pennies. Trading at 2322 and the 30 year treasury down 23 ticks. She's trading out at 152 and a quarter. So what's all this mean out here? Well, if we go take a look at our nine panel market update chart, we actually will begin with the center panel up top and that is the spot volatility. It is now trading below its 50 day exponential moving average that 50 day is printing at 2231 and price at 2163. So long as the spot volatility remains below the 50 day 232231, we shouldn't see the rally continue. The rally I'm referring to is the one in the S&P 500. That's the chart to your left. You should be able to see the charts. Mr. Bill, my apology for that. That's the studio. They don't have them posted yet. Nothing that I can do here, but maybe they can get those posted pretty quickly. And if not, what I'll do is we'll we'll just do a quick replay of this when the Trader's Ed show starts. So my apology. So I'm just going to explain to you now that the charts are being seen. They probably are being seen in Tiger TV is that price is likely going to run into resistance. I don't know if we'll clear the resistance level, but it's a descending trend line. We took a look at this yesterday. Today, that descending trend line would be at about the 45, 40 ish type range out there as likely where price is headed to. Now, in the case of the NQ, the top of its daily profile sits at the 14, 8, 74 level and the descending trend line is just slightly above that. So that would appear to be its targets. Now, whether price is able to take those levels out or not, or that's the end of the counter trend move that I don't know. But the rally should continue at least up into those levels. Now price clears those levels. Then we have other profiles that we can take a look at to identify where price is likely headed to. In the case of the US dollar index, it's got that TD nine count pattern. Price still remains below the bottom of its daily profile. That's 95 60 as long as price remains below that that says and move back to 9501, I believe is a TD nine count breakout level. Gold straight into resistance both the top of its weekly and daily profiles in the 1833 1831 range out there above that then price would go target the 1850 level. That's its descending trend line. Folks stay tuned for the Trader Zed show. But if you have to start your Tuesday, we want you to have a terrific one. Otherwise stay tuned. We'll be back in just a few.