 T F N N headline news update. Good morning folks. Steve Rhodes coming to live from the shores of a very pleasant Delray Beach, Florida. It's your 11 a.m. update. We've got a sea of green out there. All the U. S indices that we track. They're trading to the upside dollars up 88 points about a quarter of a cent. Six cents for the S and P or 32 points. One and a quarter percent for the one on Nasdaq 100 210 points there for tense for the Russell. That's an eight point move. Semis are up two and a quarter percent. 99 points there. Trendy's up 33. Gold's off $10. What's up with that? You've got the U. S dollar index back 562 pips as we speak. Silver's up 39 cents. Lights recruit up a buck 78 natural gas up 18 cents. Third of your treasury is flat trade out at one nineteen twenty seven. Let's figure out what all that means after I get rid of this leaf or something to my throat. Not a leaf. Must have been a little dust particle or something. Let's go take a look at nine panel. Market update chart. We begin with the E. S. many got an A to B equal CDT upside. Initial price projection forty nine forty four. That retracement about a fifty seven percent retracement in price does not generate a bearish reversal candle soon. We'll see fifty ten as the price objective price right now trading below its fifty day expense moving average that gives fires the edge out there. Nasdaq it's already past its one to one A to B equal CDT level that was at seventeen five seventy nine its next price projection level seventeen nine seventeen. We take a look at U. S. dollar index yesterday we thought it was breaking out but that descending trend line. Are those descending trend lines held. But now what price is also done is pull back this morning. It's found support. So we know we got resistance that is descending trend line. We also know we have support at the top of that daily profile. That means watch one two sixty one. As long as that gold is going to a gold if the U. S. dollar now so this is suggesting that the U. S. dollar index will pull back right. Well we're going to go take a look at the U. S. dollar index during the traders edge show. So we'll get a better feel for that. Goldy locks has made it be equal CDT to the downside. Initial price projection. Nineteen eighty six and change. Silver's got made to be equal CDT to the downside. Initial price projection twenty one thirty four. Right now it's over just consolidating with inside its profile. That's between twenty two thirty seven where the sport is at twenty three twenty one. Where resistance is that in the case of light speed crude. Nice rally running right into profile resistance sets at the top of a new profile. That resistance levels at seventy five forty six a price can close above that. Then we are headed higher. If we take a look at natural gas it did test and reject its swing point. This was a teeny nine count bottom swing point from back here in December that was December the 13th out here. We should rally further. Here's the caution sign with regard to natural gas. There's a new daily profile that is forming above price. That's a bearish message out there. That says natural gas probably hasn't given us the ultimate bottom. Folks they do for the trader's end show. But if you have to start your Wednesday have a wonderful one thanks for joining us. We'll look forward to speaking with you again soon. Take care now.