 T F N N headline news update Good afternoon folks. This is Steve Rhodes coming to you live from the shores of sunny Delray Beach, Florida this year 1 p.m. Update and currently we have all US indices trading to the downside The Dow's down 86 points That's a quarter of a percent the S&P seven tenths percent or 31 points and Aztec 101 and eight tenths percent That's 270 points the Russell's off 31 one and a half percent Some eyes are down nearly four percent hundred thirty three points there. We've got spot velocity. It's trading up a buck 63 It's still below the one day Rate of change of plus 10 percent that's something you want to watch come days end You've got gold off seven bucks silvers down nine cents lights. We crude off 33 pennies Let's go take a peek at our nine panel market update chart We begin by taking a look at the es mini the upper left hand side So yesterday price closed above the top of its daily profile Any two consecutive closes above that to suggest a further move higher So watch the price level 45 52 if price closes back above that then price should at least target that descending trend line The descending trend line is in the price area about 46 10 or so Uh, that's not what you see. Uh, sorry about that. Let's go change these screens out here Stevie was close, but no cigar. Here's the cigar now. You can take a look at the nine panel chart So you're looking again in the upper left hand panel You can see in the es mini that price yesterday closed above the top of the profile right now We're trading back below it spot volatility index still below its 50 day exponential moving average the nq running into resistance That's its descending trend line Uh, and watch the price level 15 268. That's the top of its daily profile If price closes above that then the signal that we've got out here is really kind of a neutral signal US dollar index is targeting the top of its weekly profile. That's at the 99 47 level Gold has just been doing that consolidation Right now testing the bottom of its daily profile silver not doing anything much different lights We crude consolidating inside a new daily profile. Your support level now is 99 41 resistance 109 22 natural gas breaking out now today's going to become bar number eight of a td9 count That says you could see a top and natural gas form between today and thursday Now 30 year treasury trying to take out its most recent swing point low out here That's a trading session for march 28. That level is 146 10 We're 146 13 he closed below 146 10 signals a further move lower Folks stay tuned for the trader's ed show But if you want to start your tuesday have a terrific one and we'll look forward to seeing you again soon. Take care