 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 I still have that mixed bag out here that mixed bag shows the Dow is the only in the seed trading to the downside. It's off 60 points. The S&P's up seven NASDAQ 72 92 now to the upside. The Russell's up 19. The semis are up 22. The trainees up 134. The Dow just went positive. We've got the feds minutes that have just been released out here. So we're going to see some type of market behavior. But what we can do here, as opposed to just watch the play by play market behavior, is let's just go take a look at the cash indices charts out there because each of them are signaling that the market should rally. Why is that? Because if we take a look at the Dow, there's an A to B equal CD to the downside. You can see on Monday you form that bull sash candle that confirmed that by pattern out here price above its oscillator and change line. That's a just a rally a rally where back to the 32 755 level. If you look at the S&P 500, this form a nice bull sash candle on Monday that also confirmed its A to B equal CD pattern. As long as price remains above its oscillator and change line price should rally up into the 4100 area. The NDX 100 is the only one that needs a bullish reversal candle to confirm a by the D point pattern. And you could easily get that bullish engulfing candle today. Plus you want to see a close above its oscillator and change line, which is currently printed 11 8 16. The Russell 2000 has a wave seven pattern out there. Seventh inning stretch. That's a courtesy of the Chapman wave out there. That can be and in this case here is a bottoming signal. The semiconductor index. This formed a by the D point pattern. We had that rising window that gap to the upside. That was a couple of weeks ago. So she has a bottoming signal in the case of the Dow transports out here. They have confirmed a by the D point pattern. They did that when they generate a bullish engulfing candle on Monday. Now it needs to get above its oscillator and change line. So the key level there to be watching is 13 8 34. If it doesn't get above that, then a bottom is somewhat suspect. Then ask that composite. This will confirm erosement to indicator bottom. If we get a bullish reversal candle today right now, that's what we have. New York Stock Exchange that confirmed erosement to indicator bottom on Friday. Yeah, did that on Friday out there. And so you've got bottom signals all over the place. We've got a bottom signal. If we take a look at the New York Stock Exchange, the top 100 international stocks, they formed a nice roadspin to indicator bottom signal as did the U. S. Top 100 inside the New York Stock Exchange. So everything is set folks. We should rally from here. Let's see how the day plays out. Have a wonderful Wednesday. I'll be back with you at one o'clock sharp on terrific Thursday. Take care.