 Coming to you live from the shores of sunny Delray Beach, Florida this year 1 p.m. Update currently have a slightly mixed bag outer actually all the usnc's trading to the downside with the exception being the transports are up 97.6 tenths of a cent the Dow is flat it's off 18 points the S&P is not flat seven or eight tenths of a cent to the downside 36 points the Nasdaq anything but flat down one and six tenths percent two hundred points Russell's flat it's down one point some eyes are off 34 you've got gold down seven bucks silver's off and nickel lights we crude is off 35 pennies let's go take a look at our nine panel market update chart will begin by take a look at the ES mini would we know about the ES mini well doesn't show it here but yesterday was a test a rejection of its oscillator and change line right now prices pulling back into a prior swing point that's the swing point out here from the trading day of January 10 during the trader's ed show we'll go take a look at the spies the Q's the IWM the diamonds try to get a feel for the volume on this retracement here you could get it easily get a test rejection on the ES mini of its January 10 swing point if it's on lighter volume that says okay ready to head back higher now I would say not ready to head back higher if we see a spot volatility so close above its 50 day expense moving average that's 1939 the high so far today 1919 the Q's testing and rejecting the top of their daily profile prices obviously yeah testing that same swing point that same swing point from January 10 so be interested to see what the volume looks like on the QQQ ETF and of course we'll take a look at where a test rejection what that would look like at day's end right now US dollar index is closed below yesterday both the bottom of its daily and it's a weekly profiles as far as where it's headed to if you give me a moment I'll just switch over to one of my other charts it's headed to its breakout level from its daily time frame and that measures out to be 93 dollars and 81 cents so very likely 93 81 is its target Goldilocks getting back up yesterday and this morning to the top of that weekly profile 1828 50 the actual high today 1828 30 missed it by that much 20 pennies out there so that's your significant resistance level the case of silver its resistance levels up a bit higher up in the 2345 area lights we crewed you know pulled back just a tad no big deal out here looks like once target 83 71 natural gas big breakout day yesterday looks like today is just a test of that breakout level as long as it stays above the price of four dollars and 36 cents it should continue higher folks stay tuned for the traders and show if you have to start your Thursday have a terrific one we'll look forward to seeing you again soon