 Good morning folks Steve Rhodes coming to you live from the shores of well it's mostly cloudy Delray Beach Florida this year 11 a.m. update and currently we have all the US indices that we track trading to the downside. You've got the the utility sector and the consumer discretionary sector trading upside the other sectors with inside the S&B 500 are trading lower the Dow's off 69 points about two tenths of a percent seven tenths for the S&P 27 points eight tenths for the NASDAQ 100 100 points one and three tenths for the Russell 24 points the downside nearly one and seven tenths for the semis training soft nearly 3% 425 point move to the downside their gold soft for bucks Silverstone 55 cents like to recruit us off nearly two bucks natural gas is often nickel and the 30 Treasuries up about one point and 19 ticks train at 132 11 let's try to figure out what all that means by looking at that nine panel market update chart in the upper left-hand side we've got the ES mini yes many is just simply consolidating right now in between its profile level support is down to 41 18 resistance 41 88 low of the day so far 41 23 if we take a look at spot bulletin it's still well below its 50 day exponents will be average and climbing the spot bulletin it's 50 days at 1959 price right now closing out at 1782 or trading at 1782 the NQ needs a bearish reversal candidate to form a roadsman deminucator top prices back inside its profile might be signaling to you and I move back to the support zone of 12705 to 12777 what to take a look at its oscillator and change line for the daily timeframe understand where that's at US dollar index found support at the bottom of its profile which is at the 101 96 level and now it's running to resistance you've got a descending trend line to descending trend lines and a bear structured zone for its profiles that's between 101 70 and 101 88 goal still consolidate with inside its daily profile found support at the center around the 1982 level out there silver pulling back hard this morning but pulling back hard right into bullish structured profile support that's between the range of 2466 and 2487 that's not that's well we'll get to natural gas someone but the lights we crude is trading below profile and you've got that open gap out there it sure seems logical that would price would want to do is at least go target the high from March the 31st that's up to the 75 83 level natural gas as a nice roadsman to indicator bottom price consolidating with inside its profile so no changes there the 30 year treasury it's up at the point six rate retracement of its last move from high to low you get above 132 13 you're probably headed to 130 309 folks day two for the trader's ed show if you're off to start your Tuesday please have a terrific one and we'll look forward to speaking with you again soon take care now