 T F N N headline news update. Good afternoon folks. Steve Rhodes coming to you live from the shores of sunny Delray Beach, Florida. This year, 2 p.m. update. And currently we have a slightly mixed bag out here. The Dow is up 38 points and the S and P went just slightly negative. It's back to a green up 30 cents out there, but it's flat. The NDX is was up by over 2%. Now up three tenths of a cent 42. Look, while that spot politics remains above its 50 day expense moving average, which it is right now. The spot is printed out at 35 37. Any of these rug pulls any bad news out there? And you're going to see these quick and fast and steep declines. And that's what we've seen out here. You've got the semis up 80 points. They were up like 5% earlier. Trend is up 53. That's three tenths of a cent. What's not giving it up is gold up nearly 3% 56 bucks. Silver is up a buck 13. That's four and a half percent. Lights recruit is up five and three tenths. That's 6% out there. I haven't even looked at commodities for a while. But we did have wheat didn't trade limit up this morning. That's the first time in two or three trading sessions. But let's actually go switch over and take a look at our industry charts. As we look at our industry charts out here, you get a feel for what's really gone under what has transpired, what's taken place so far. That is in each of the industry charts that you're looking at. You'll notice the red oscillator and change lines. And what price has done is prices gotten up there. That's a natural level of support or resistance because we're below it. It's a natural level of resistance. And what did price do? It got up, tagged it and turned back down. Now a red oscillator and change line and closing below it is a bearish message directionally speaking. Meaning you should expect and anticipate lower price. Why is that? Because we have a the message is it's a falling price oscillator below zero. What's a price? So it's different between the 39 and 19 period exponential moving average. That is what Stevie uses to create these tools out there because it is rocket science and they're really key levels. You see the Dow rejected it, the S&P rejected it, the NDX100 rejected it, the Russell, which was the strongest rejected it, the semis rejected it, the transports rejected it. And I'm not worried right now about the XAU and the spotball utility. But if I were to show you the Nasdaq composite, it rejected it. That's the New York Stock Exchange. They've made it all the way up there. So what does this say? As long as price remains below those red oscillator and change line, it says that what price really wants to do is go target those January 24th lows. Folks, you know what you might want to do is look at your charts. I know that the XLK tested and so far rejected, I believe. It's January 24th swing, but maybe it's going to take it out the XLC as well. All of those have at least tested in today. Stay tuned for David White. He's up next. Have a terrific Tuesday. I'll see you in about one.