 Good morning folks, Steve Rhodes coming to you live from the shores of sunny Delray Beach, Florida. This year 11 a.m. update and currently we have a sea of red out there all the US indices trading to the downside the Dow off 82 points about a quarter percent same percentage wise for the S&P 10 points the same percentage wise for the NASDAQ that's 30 points for the Russell it's about seven tenths or 12 points the Semi-Zerof 1% 33 points at downside trannies down slightly they're off 29 points golds off 29 bucks as well Silver's down 26 cents the 30 Treasury is printing out at 129.26 that's off 16 ticks natural gas is back a nickel lights we crude is off a buck 87 it's a sea of red out there but let's go try to figure out what all that means by looking at that nine panel market update chart we begin with the ES mini just trading with inside it's daily profile that's between the levels of support at 41 18 and resistance at 41 88 price is testing a little rising trend line so close below that trend line today would suggest to you and I a move back to the bottom of that profile 41 18 spot follow tonic still below its 50 day exponential moving average so it gives the buyers a bit of an edge out there in the case of the end queue really trading as we've got the little wedgy pattern there price might close below that if we do get a close below the top of its daily profile the top of the profiles 13 060 295 a price close below the in queue may be signaling to you and I move back to the 12705 area US dollar index consolidating with inside its daily profile it has a buy the D point pattern support is at 100.95 and resistance 10201 Goldilocks is pulled back to test its both structured area of support and that's between the range of 1974 20 and 1982 60 lights we crude still very bullish trading well above the top of its daily profile printing at 25 10 top that profile 24 45 silver still bullish lights we crude close below the bottom of its daily profile yesterday is trading below the bottom of its daily profile today a close below 7802 is going to signal to you and I the lights we crude may be getting ready to pull back the 7277 level that happens be the support for its weekly profile we take a look at natural gas it's a tough one first it's got arrangement indicator bottom it is trading with inside its bullish structure daily profile a close below 235 would be troublesome and really suggest to move back to retest support out there but it just has been able to get any any any action in the favorable seasonal cycle as well folks they do it for the Trader's Edge show but if you have to start your Friday have a fantastic one we'll look forward to seeing you again soon take care now