 T. F. N. N. Headline news update. Good afternoon folks Steve Rhodes coming to you live from the shores of Sunnydale, Rain Beach, Florida. This is your 2 p.m. update. We got a little bit of a mixed bag out here. You've got the NASDAQ which is trading lower. The NDX 100 off by 34. The Russell, I'm sorry, the NASDAQ composite is just slightly lower. The Dow is up 75. The S&P that's about giving up half of its gain so far. The S&P is up 5. Russell's up 14. Semi's up 4. Trendy's up 153. Let's go take a look at our indices. I believe yesterday we looked at the ETF structures out there. Let's go take a look at the indices. See what signals they are generating for us. So the upper left hand corner, you've got the Dow. The Dow has a sell the D point pattern that was confirmed out here on the trading day of August 17th. August 17th, they had that bear sash candle. So there's already a top in place for the Dow. The S&P 500. You can see we've got wave number seven is one potential today is going to become or should become bar number nine of a TD nine count. That's a topping pattern out there. But what the S&P needs to do is close below that green line to signal that that is a potential valid top when I say valid something that could move to the downside. That's 45 23 87 to be exact out there. If you see a close below that that could be a signal that the top is in place here. Short term top one that could last through October. That's what I would refer to as a short term top. We take a look at the NDX 100 yesterday generating a bearish shooting star that confirms the roadsman to Mindicator top bar number eight yesterday. You don't need a higher high today or tomorrow. You can get one, but you've got in essence two patterns that are forming here. And in its case, it would need to close below 15 532 78. That's the green oscillator and change line. The Russell 2000. It already has a top in place. That top takes us back really to the March time frame. But it's also right now from an intra time frame standpoint. I don't even know what that means, but you know what it means. You're going to get bar number nine today. So it says a top could form today and or tomorrow. The semis. We don't have a topping signal out here. I'd have to go back and really southern chart. But on a daily base, I don't have a topping signal. The transports. They got the roadsman to Mindicator bottom. No top out here. So they're not going to be the ones that are going to be the cause of the market moving lower. Spot Boutonix has a nice roadsman to Mindicator bottom that is in place out here. So folks stay tuned for two more great hours. Even the Wilshire 5000 take a look at it. It's got a nice TD nine count top. It's going to form today. NASDAQ composite as well. It's going to be interesting folks. All the signals are in that we should see some kind of September swole to the downside of a terrific game. The reality is that