 update. Good afternoon folks Steve Rhodes coming to you live from the shores of very pleasant Delray Beach Florida this year 1 p.m. update and currently we have all the U.S. indices traded to the upside that dows up 310 points that's less than 1% a little over 1% for the S&P or 47 points and Azdec one and a half percent 209 points Russell's up a little over 2% that's 41 points some eyes up 127 that's nearly 4% to the upside you've got gold trading out at 1850 that's off 17 bucks less than 1 just less than 1% silver is down 2 and a quarter percent 53 pennies trading out at 2331 lights we've crewed off $3.59 cents she's trading at 91 87 let's go spend a little time with our nine panel market update chart we begin by take a look at the ES mini so the ES mini as we speak right now is trading about 44 2750 wise 44 2750 because that's the swing point that's out there and if you can close above it today assuming that it's got light volume and we can take a look at the spies to make that determination that would be a rejection of that swing point and suggest then to move higher to the 45 70 ish type area of course if that's going to happen you need to see the spot ball of clinics which generated a little shootings of bearish shooting star candle yesterday we are having follow-through so now the yellow line represents the 50 to 1 bolinger band reading I'd say a price gets below 26 22 odds favor a move to 22 85 that's the 50 day exponents moving average the NQ not as strong as the ES mini and what I mean by that is price has not been able to close above even trade above the high from Monday the 24th 14 582 is the number there so that's what you need to see a close above to then suggest okay I'm going to make a move higher then move higher could be 14 874 or even 15 773 the top of a new weekly profile that is attempting to form I say attempting because that's what it's trying to do we want to have confirmation until sunday evening the US dollar index just consolidating with inside its daily profile gold finding resistance to the prior swing point it formed a TD9 count yesterday right now price is pulling back and testing that descending trend line that price has broken through so if it holds that descending trend line that's going to make you say hmm something to think about in the case of silver she's just consolidating with inside its daily profile resistance at 2392 supported 2288 like to include even though it's back three bucks it's still trading above the top of its daily profile that's at 91 12 it's uh it's I believe it has a uh topic signal out there but creating above the top of your daily profile would mean that it's a neutral so folks stay tuned for the trader said show but if you're off to start there too is they have a terrific one thanks much for joining us we'll look forward to seeing you again soon