 Good morning folks this is Steve Rhodes coming to you live from the shores of Delray Beach, Florida. This is your 11 am update and currently we have a sea of red. That's right a sea of red. The Dow is off 50 points. That's about two tenths percent less than that. Eight tenths for the S&P that's 31 points. One is six tenths for the Nasdaq 100, 190 points there. One and nine tenths for one and eight tenths for the Russell at 34 points. The semis are down four percent. That's off 111. Trendy's down two percent or 306 points out there. Gold is up six bucks. She's trading at 1783. Silver up 18 pennies. 2170 is the print there. Lights recruit back $1.90. Trade out at 84.36. Natural gas off 14 pennies. Trade at 6.25. And the 30 year treasury is up nearly one point. 125.16 is the print out there. Let's take a look at our nine panel. Market update chart up in the upper left hand corner. You'll see the ESMini. You'll see two different A to B equal CD patterns out here. One's a small one. One's a larger one. The small one, if we get a bearish reversal candle today, and there's a possibility that we would get a bearish ash candle, just depends on where the price, where price closes out there. But even if we do, there is a new profile that the ESMini is attempting to form. Now we won't have confirmation on this until this evening at 6.01, but right now we use the data that we have available to us. And support is between 39.25 and 39.57, a resistance up at the 40.19 level. Spot bulletinic, still well below its 50 day, exponential moving average. That is a bullish directional signal for the S&P 500. The NQ also attempting to form a new profile. Now, the top of that profile is right where the top of the weekly profile is at. The daily now is at 11.982. The top of the weekly, 11.986. That's a strong resistance level. And this profile will not be confirmed until this evening. Support is down at the 11.571 area. The US dollar index yesterday generated a Gartley buy pattern. It did that because it completed about a 1 to 1.272 A to B equal C, a little bit more than that. But the reason why it completed was because it formed a bullish hammer candle. Now if price closed below 105.15 out there, you know the expression if you're long, you're wrong. That's when you close below the bottom of a hammer candle. So US dollar index should continue, should move higher out there. Gold is finding their resistance, trying to take on the resistance. I should say at 17.79, the top of its weekly profile, silver formed a sell the D point pattern yesterday with its bearish engulfing candle. It too is attempting to form a new profile. Support there, 2031 resistance at 22.08. Folks, stay tuned for the Trader's Ed Show. And if your office starts here Wednesday, please have a wonderful one. We'll look forward to seeing you again soon. Take care.