 T F N N headline news update. Good morning folks. Steve Rhodes coming to life in the shores of a sunny Delray Beach, Florida. This year 11 a.m. update and your 2024 first update of the year. Right now we've got a mixed bag. The mix goes like this. You've got the Dow trading up seven points. The other US indices trading to the downside. Dow's down or S&P's up 35 points. 7 10 1 in 7 10 for the Nasdaq 100 291 points there. 11 points for the Russell. That's a half percent 3% for the semizer down 123 points. The trannies are off 1% 156. Gold's off three bucks. Silver's down 11 cents. Life's recruit is flat. Natural gas is up two pennies. The 30 Treasury down one point and two ticks. He's printed out at 123 28. Let's try to figure out what all that means by looking at that nine panel market update chart. We begin with the ES many up left hand side right now. We've got price testing the bottom of support that new profile we looked at on Friday did take hold 47 82 is the key level to be watching. If we get a close blow that a day's in that signals a change in trend to go along with that is a spot ball tunics. It's testing right now resistance while you got the ES many testing support would only make sense that you've got the spot ball tunics testing resistance that happens to be its 50 day exponential moving average. That's printed out at 13 90 right now. We're printed out at 13 82 a close above 13 90 will suggest we have a change in trend. However, that could generate a one day rate of change above plus 10%. So I have to take a look at that. The end queue is trading below the bottom of its bullish structured daily profile to close below 16 8 81 suggest a change in trend US dollar index. It's trading with inside its bullish structured profile. It's got a road's meant to mitigate her bottom. This suggest a price move up to the top of that profile 102 26 gold's holding up pretty well, but it is trading with inside its bearish structured daily profile that has supported 20 41 resistance up to the 20 85 level silver consolidating with inside its profiles. That's between 23 90 and 24 79 lights recruit doing the same. It's got supported 70 14 resistance up to the 77 55 level natural gas. It's trading above resistance levels. It is pulling back just a tad, but this is suggesting it should go target that TD nine count breakdown resistance level. That's up to the 281 area than the 30 year treasury. Although it's pulling back is pulling right back. It's got a TD nine count top at prices testing its bullish structured support level. The buyers there between 122 15 and 123 over to the low of the day. 123 0 8 folks. Stay tuned. If you went for the Trader Z show, but if you have to start your Tuesday, have a terrific one. Have a terrific 2024. We'll look forward to being with you throughout the entire year. Have a great day. We'll look forward to seeing you soon.