 Good morning folks this is Steve Rhodes coming to you live from the shores of sunny but with a lot of Saharan dust Delray Beach Florida this year 11 a.m. update 11 a.m. update and currently we have all the U.S. equity that we track trading to downside dows off 55 points that's less than two tenths were sent four tenths for the S&P 18 points there a little over 1% for the NDX 100 160 points rust is off 24 1.25% 4% to the downside for the semizer trade now to 2883 you've got gold trading out at 1806 that's up two bucks silver's off 20 cents trade at 2040 likes recruit up 80 pennies 9155 is the print their natural gas up 27 cents 785 in the 30 year treasury is flat at 140 to 16 so what's all that mean well if we go take a look our nine panel marked update chart will begin by take a look at the ES many in the upper left-hand side what you will see is a new profile that is attempting to inform that new profile says that we should have supported 41 91 and a quarter the spot ball tonics is still below its 50 day exponential moving average that's typically bullish for the S&P 500 but yesterday was a TD nine count top that suggests that we should see price pull back to that 41 40 91 level we take a look at the NQ the NQ generated a buy a sell the D point pattern it did it on a Friday when it generated that bearish and golfing candle we get a little bit of follow-through now a price is doing right now is testing the top of its weekly profile 1304 we're trading out right now at 1306 so that is a level of support we'll take a look at that try to figure out what might be going on an interday time period chart when we go to the trader's edge over take a look at the US dollar index it's just consolidating with inside its daily profile the support range there is at the 105 63 level in 106 82 is resistance gold is trading above resistance resistance was the top of its profile looks like this could be day number two above that level 1797 we get that that suggests a price should run back to its recent highs in the 18 and 1900 area if we take a look at silver it does have an A to B equal CD to the upside pattern but price really needs to stay above the top of its daily profile that's at 2051 if it does that suggests moved to 2197 maybe 2265 lights we crude still has its currently by pattern that remains in effect as long as price closes above 88 and a quarter prices trading with inside a new daily profile price should target its descending trend line that's up in the 95 90 95 93 96 type area natural gas having a nice day but just consolidate with inside its bullish structure daily profile resistance here is $8 and 20 cents and another consolidation between support resistance from a daily time frame is the 30 year treasury support 140 31 resistance 140 409 folks stay tuned for the Trader Zed show but it's off to start your Tuesday have a terrific one but we'll look forward to seeing you again soon take care now