 news update. Good afternoon folks. Steve Rhodes coming to you live from the shores of very, very, very pleasant. Delray Beach, Florida. I love this time of the year. But this is your 2 p.m. update. We have all the U.S. indices trading to the downside. The Dowsoff 412, S&P 63, Nasdaq 296, Russell's down 36, Semi's up 92, Tranny's down 204, Goldy locks up $30.50, Trade out at $1,970. Silver's up 25 pennies. That's a little over 1%. 2385 is the print there. Lights we've crude back to 1889-64 is what she's printing at. So let's do this here. Let's just spend a little time taking a look at really what's going on in the markets and take a look at volume and some key swing points. So the key swing point takes us back to January the 24th. At least that's the swing point for the spy, the cues, and the diamonds. The swing point for the Russell is the 28th. Now we take a look at the swing point for the 24th. Here's what we know. Now that had massive volume, 252 million shares. Every time we've been pulling back, we've been pulling back on light volume. If we take a look at the trading day of February 14th right now, that had volume of 123 million shares and price closed inside that swing point. But that was going against 252. The very next day, price pops above it. So in essence, it was a rejection of that swing point on lighter volume. Today we're testing it again. The swing point top is 440-38. We're at 440-05. We have volume of 51 million shares right now. Again, that's going into 252. Even on the trading day of February 14th, when price moved lower, the volume there was 123 million shares. We are at 51 million shares. It just doesn't appear that we have the volume from the sellers to really push this market higher, nor do we have the volume from the buyers, sellers to push it lower, buyers to push it higher out there. Sometimes we just end up in a market where it's uncertain as to where price is going to head. But we've got the spies testing, a key swing point testing, junior swing points, doing it on lighter volume. If you take a look at the cues out here, the cues have been the big struggle of trying to get out of this January 24th swing point out here. You're back inside it today. Now, the last time we were down here, the cues had volume of 80 million shares. You're at 36 million shares. That's not, it's a kind of a junior swing point. Again, it's pushing, take a look at the Dow diamonds. The swing point from January 24th is 344-12. You've only been down to a low of 344-65 today, the volume 2.2 million shares. Last time you were down here, 7.3 million shares. Look, the God of volumes, they're coming up next. Your favorite polar bear, Tom O'Brien as well. I'm sure they'll touch on this. You just don't have the volume from the sellers. Have a terrific Thursday, folks. We'll see you tomorrow morning.