 T. F. N. N. Headline news update. Good afternoon. Welcome to your 1 p.m. update. Currently we have the Dow trading down 27 points. It's the only of the cash indices that are trading lower. That's one tenth of one percent. Trading out at 26124. If we take a look at just some simple trend lines out here. I know this might look like a little bit of spaghetti. Maybe maybe one of those interchanges in Atlanta or what have you. But what we can see is that the it looks to me like the Dow is targeting to the downside about the twenty six oh twenty two level as its next possible place for support. If we take a look at the S. and P. five hundred take a look at some trend lines out here. We're not really seeing anything broken. We can see that over the course of the last three or four trading sessions April fifth eight to be specific price was wanting running up into a little rising trend line coming off the March 4th the March 19th and the March 21st high. Each of you can draw those trend lines in your system. That's the S. and P. five hundred the N. D. X. N. X. 100. Having made a higher high today I believe let's just check this out and make sure today's high is seventy six oh six fifty two. Yeah. So you've got a new high that was made now if we just take a very short term trend line that would be off the high from April third and then a touch point of April eight we can see that that slowed price down just resistance out here but no signs of a top inside the N. D. X. 100. Let's check in on gold see how it's responding to its trend lines out here. So now we can see is that what gold should do is try to break it a little descending trend line that's from the high out here that formed on February the 20th your next touch point for that trend line is going to be March twenty fifth the exact price that we're looking at for example if it were today is thirteen eighteen out here you're trading at thirteen fourteen breaking above that trend line suggest that price would make a run up into the thirteen forty nine area that's what Goldilocks looks like let's go take a look at light sweet crude trade out sixty four sixty seven up seventy one pennies out here what is light sweet crude doing it is above all kinds of trend lines out here looks to me like it wants to target the seventy five level getting back into the October twenty eighteen area that's going to be a stinger at the pumps thanks much for being here stay tuned there's an amazing trader an investor his name is Steve Rhodes and he's going to be up next have a great day folks.