 News update. Good morning folks. Steve Rhodes coming to you live from the shores of well still a blistery windy kind of somewhat rainy Delray Beach, Florida. But this year, 11 am update. We got a bit of a mixed bag out there. That mix goes like this. It's a New York stock exchange trading the downside a couple sectors with inside the S&P 500 doing the same. The Dow is up six points. So basically flat five points for the S&P. We'll call that flat 109 points for the Nasdaq 7 tenths were sent to the upside. That is not black flat out there. Two tenths for the Russell three points. So one and a quarter percent for the semis. 50 points. The markets are not going to top with the semis and the Nasdaq 100 moving higher out there. You've got gold up four bucks and change. Silver's up 11 cents. Slices recruiters off 35 cents. Natural gas up 10 pennies. Nice move there in the 30 year treasury up 18 ticks. She's printing out at 124 even Steven. Let's figure out what all that means by looking at that nine panel market update chart. We begin the upper left hand corner of the ES mini. What do we know about it? Well, what we know there's no topping pattern in play out here. Maybe there's a wave number seven. I have to go look. There's a wave number seven, a cash indices. So I assume that we still have that in play out here in the ES mini. Regardless of that price likely targeting the 1.272 expansion of its last set of swing points that would take us up towards 48 94. That'll certainly be accomplished if the spot politics continues to stay where it's at below where it's at below the 50 day expense moving average. Now, nice rally inside the NQ. A new profile has been attempting to form all morning long. So don't know if we'll take hold. We'll know on Sunday evening. But right now what we have is a sellers are sitting at 16 885 and the buyers are at 16 528. If we take a look at the US dollar index, it did take out its wave seven bottom yesterday. It did close below the bottom of its daily profile. That's out at the one oh two 18 level today. Price is trying to get inside that profile. Now there's additional support. It's not daily support. It would be the weekly timeframe in this breakout levels at one oh one 17. So we want to watch the bottom of that profile one oh two 18 at price for to close back inside it. It tells us about a false breakdown yesterday. Goldilocks is also has formed a new profile. Not new profile is slightly below the prior profile out here. That's as gold is likely not to get carried away to the upside. Nonetheless, you've got resistance up at the top of that profile 20 62 90 supports at 2017 90 silver also formed a new profile resistance at 24 79 support at 23 90 got lights be true. We're trading the February contract right now 70 14 is drunk support both the center and bottom of his profile there resistance 77 55 and natural gas trading right up into the resistance level the top of his profile. That's up at the two 240 level. Folks day two for the Trader's Ed show. If not have a fantastic Friday. We'll look forward to seeing you on Monday. Take care of it.