 Good morning folks Steve Rhodes coming to you live from the shores of sunny Delray Beach, Florida. This is your 11 a.m. update and we've got a sea of green out there all the US indices that we track all the sectors. Well, I take that back most of the sectors with inside the S&P 500 trading the upside down to 184 points. That's about six tenths or percent seven tenths for the S&P or 29 points nine tenths for the Nasdaq 100 129 point move there. The Russell's just flat semis are up 35 points. That's a little over 1% trannies up nine tenths 125 points there. You've got gold trading out of 1994. That's flat. Silver's flat as well at the 2293 level likes recruiters anything but flat it's up about two bucks two and a half percent nearly natural gas pulling back that as a psycho set of charts out there for natural gas of 2% in the 30 year treasure up one point and three ticks train out of 110 17. Let's figure out what all that means by looking at that nine panel market update chart. We begin with the ES the ES mini bottom left hand corner. What do we see here? We know we've got a TD nine count and roads meant to mitigate her bottom price dealing with its second level of resistance and that's the center of its daily profile 4244 we've been up to 4248 50 a price can clear this 4244 level odds favorite we make a move to the 43 17 is range. Now if today the spot ballistics close below the 50 day exponential moving average it's trading below it right now the 50 day is printed at 1758 we're at 1726 and we close below that this rally inside the ES mini the S&P 500 should continue. We take a look at the end queue. It has achieved its first objective. It's not shown here what prices trading above that red oscillator and change line its next price target is its cell zone the cell zone is between 148 38 and 149 38 US dollar index is above the top of its daily profile but it ran right in the resistance near its roge McDermott indicator top of 10705 with regard to Goldilocks a consolidation with inside its new profile. It did form yesterday it is different in numbers meaning there's now a bullish structure profile 1975 to 1986 is the buy zone and resistance up to 2014 the case of silver just consolidated with inside his profile was supported 2253 resistance at 2330 light swing crude close just slightly below the bottom of its bullish structure daily profile yesterday turns out at this stage of the game that was a false breakout price finding support where it should between 81 43 and 83 88 and if we take a look at natural gas and we put on our trend lines out here you had a nice day yesterday but what did price do ran right into that trend line. Don't know what that's going to do from here maybe gets back to support between 325 that's the 325 level and a 30 year treasury it's trying to take on a descending trend line if he clear above that one 1319 would be its price target folks day two for the Traders Ed show drop to start your day please have a terrific one thanks for joining us we'll see you soon.