 And get afternoon folks Steve Rhodes coming to you live from the shores of very sunny and pleasant Delray Beach, Florida. This is your 2pm update and currently we got all the US indices traded the upside the Dow's up 514 the S&P 97 the Nasdaq 488 the Russell 64. I mean these are 3% moves 5% moves in the semiconductors you've got a 20% move to the downside the spot follow to that suggests that that's going to continue to move lower and go at least tag it's a 50 day expense moving average goals up five bucks silver 29 pennies as we do during the 2 o'clock update we go take a look at our cash indices chart so momentarily here we'll have those up on the screen and the first one you'll see well you'll see eight of them but the one in the upper left-hand corner is the Dow Jones industrials yesterday closing above its red oscillator and change line that suggested a further move higher we've got that obviously its level of resistance to watch is 35 952 63 that is on the cash in to see if the Dow closes above that suggests that we get back to its all-time highs in the case of the S&P 500 we know that that completed to buy the deep one it did that with that piercing candle three or four days ago price above a green oscillator and change line that is very bullish and that suggests that we go back and we test its all-time eyes now if he didn't catch the the trader's ed show we reviewed the daily profiles for each of the four equity future contracts you really need to go back and take a look at those as well I'm just giving you what the cash indices charts are communicating such as the NDX 100 today's candle forms a currently by patterned as a gap to the upside a rising window that is the bullish reversal candle prices above that green oscillator and change line that suggests likely that we get back to those all-time highs the Russell 2000 it has a TD 9 count bottom price above its red oscillator and change line a close about 2255 suggest a further move higher the semis that's in the lower left you can see that was a consolidation pattern that was in it as long as price today closes above the high from November 22nd yeah November 22nd that's the key out there 3982 12 we're above that now that suggests a measured move equal to that consolidation where does that take us to good question we just have to move this up if I can grab it grab it there we go that would take us into about the 4200 area the Dow Jones transports is struggling in its oscillator and change line the spot volatility should go tag 2032 and if it closed below 2033 2032 then we've got a move that certainly says we get back to the all-time highs and maybe we continue running into the end of the year folks stay tuned your favorite polar bear David whites up next with the power trading hour I'll be back with you tomorrow on wonderful Wednesday have a terrific Tuesday folks