 T.F.N. News Update. Good morning, folks. This is Steve Rhodes coming to you live from the shores of sunny Delray Beach, Florida. This is your 11 a.m. update, and currently we have all the U.S. Indices trading to the downside. Dow is off 1%, 332 points there. About 1% for the S&P, 38 points. A half a percent for the Nasdaq 100. That would be 64 points. Russell's down 1-3 tenths, or 24 points. Selma is off about 1%, 24 points to the downside. S&P is off nearly 2%, 242 points. Gold's trading out at $16.74. That's back $4.00. Silver's off $0.15. Trading out $19.19. Light's recruited off $1.32. Trading at $84.41. Natural gas. Trading out at $7.77. Ring the cash register out there in the 30th Treasury. Back 1.11 takes. $1.30.01 is the print. Let's look at our 9-panel market update chart. We begin by taking a look at the ES-Mini. What's the ES-Mini have? It has a buy the D-point pattern that formed and completed last Friday when it formed a Bolush hammer candle. It was followed up with a Bolush engulfing yesterday. Now, if price closed below $38.53, that would be the bottom, well really the true level now would be the low of yesterday, which is $38.46 and a quarter. I'll have to change that. A close below $38.46 and a quarter, which suggests that we have a new A to B equal CD to the downside with an initial price projection of $37.29. There is a new daily profile that is attempting to form. What I mean by that is Stevie's using his advanced Doppler tool and that says that we will not get a confirmation of this profile, which has supported $38.79, resistance at $40.10 until this evening. Spot follow-up to it is still well above its 50-day exponential moving average. It's trading out at $26.53 and the 50 days at $24.63. As long as price remains above that 50-day exponential moving average, rug pulls can and do happen. If we take a look at the NQ, just like the ESMini, it confirmed a buy the D point pattern. That's not the one that's shown in here right now. It's a smaller pattern out there and the price were to close below $11.778. That would set up a larger A to B equal CD to the downside. Now, you've got a daily buy the bottom, buy the D point, I should say. You've got a new profile. There's also attempting to form $11.899 is the support area. $12.382 is where resistance is at. Now, those profiles again will not be confirmed until this evening. US dollar index is trading with inside a new profile that formed yesterday. Support at $108.97, resistance $109.99. Gold is trading below a new profile that formed yesterday. That's a bearish signal. Light silver is found found resistance, nice rally, but continues to find resistance at the top of the weekly profile. That's where the sellers reside $19.57. Folks, stay tuned for the Trader Zed Show if you will. But if you're off to start your day, please have a terrific Tuesday and we'll look forward to seeing you again soon. Take care now.