 tiger financial news network update good morning folks this is Steve Rhodes coming to you live from the shores of very sunny delray beach florida this year 9 a.m. update and currently have all the u.s. equity futures trading the upside the dollars up a little over one percent that's 317 points the nasdaq 100 up eight tenths 93 points the s&p's up nine tenths of a percent that's 34 points in russia's up eight tenths 13 points the upside spot takes well below its 50 day expense moving average that suggests that the s&p 500 should rally so conditions are ripe for a rally out there over in asia last night a bit of a mixed bag he had the shanghai finished down 56 points that may form a td9 count bottom by tuesday the hang saying should have completed a td9 count this morning that was off 453 points of course a close blow today's low would tell us about a strong moment to move to the downside over in europe you've got the dachs up 219 points the footsies up 71 that's one in seven tenths and one percent respectively gold is basically flat it's up two bucks silver's not flat it's up 36 pennies let's take a few moments go take a look at some of my market update charts out here and we'll begin by taking a look at the e s many that's in the upper left the s many should go target the top of its daily profile that's at the 3842 level the nq should go target the top of its daily profile at 12 037 the dow wants to target the top of its profile that's at 31 354 why do i say that prices held that red oscillator and change time and that's the reason so support is held now price should go take on resistance a high-grade copper yesterday negated a td9 count bottom it needs to close back today above three dollars and 21 cents in order to retain and maintain its weekly by the d-point pattern if we take a look at the gold contract out here gold formed by the d-point and that remains in effect as long as price closed above 17 0450 right now we're at 17 06 silver on the other hand no bottoming signal there well as a signal which the roadsman to indicator signal has been triggered but it needs a bullish reversal candle today to get on its merry way lights recruit here we've got the switching over to the september contract september contract is suggesting that price should go target the 98 37 level if you can get above that then we're looking at a move to 101 66 natural gas contract it's up at really resistance the top of its profile if it can clear that it should continue to move higher and the 30 year treasury should target its td9 count breakdown level at 14103 you close above that and you're in the 142 area folks stay tuned tomyo bride is up next for the morning market kickoff have a fantastic friday fantastic weekend join me on monday one o'clock sharp for the trader's head show take care