 Good morning folks Steve Rhodes coming to you live from the shores of a very sunny and pleasant Delray Beach Florida this year 11 am update we've got a mixed bag out there right now the mix goes like this dows down 49 points S&Ps off 18 NASDAQ 100 135 the Russell is up 9 points some eyes are down 3 trend is you're off 39 gold is up 40 cents Silver's up 52 pennies that's a 2% move for Silver like to recruit us off 17 cents National Gas point back a nickel 30 Treasury down four ticks printed out at 118 19 let's try to figure out what all that means by looking at that nine panel market update chart would begin by take a look at the ES mini now the ES mini there's a new profile that's been attempting to form since early this morning right now in the black background chart it shows support at 5201 we're trading at 51 95 later on his show will take look at my white background charts they have a different profile we use both that support levels at 51 67 spot ballton it still remains whether 50 day exponential will be an average 50 day is printed out 1399 a spot fix at 1456 watch that 1399 level take a look at the NQ so this is pretty interesting at least at this stage of the game so far as of 1101 what you and I can say is that the move lower inside the NQ is a counter trend move to the downside now at days then we might not be able to say that but 1101 we absolutely can why can we say that Stevie because price found support at the center of that bear a structured profile 18 026 low this morning 18 029 now price were to close below 18 029 I'm sorry 18 026 that would signal something different than just a counter trend move it would at least tell us that price going to go target support which is down at 17761 US dollar index confirmed that by the D point that Gartley by pattern yesterday that was a big old bullish engulfing candle price did close by the top of its daily profile it is struggling right now at the bottom of its weekly and that's the level that if gold was able to close up the gold if the dollar was able to close above 103 032 that would save you we've got more to come and that would then suggest that Goldilocks is going to move down towards the bottom of its profile and that's at the 2109 area against silver is trading with inside its swing point that's a swing from December 4th as long as stays above 2503 odds favor a test of 2657 there's no topping pattern inside of silver lights we include it's got the A to B equal CD pattern it's one to one initial price projection levels at 81 47 above that would be 84 18 and yesterday yet natural gas pullback test that by the D point pattern it's held but the problem is the bottom of that profile is resistance that's at 177 and a 30 year treasury looks to me like it wants to go target those lows from February that's anywhere between the 117 11 to the 118 09 area folks stay tuned for the Traders that show if you would but if you have to start your day have a wonderful one have a fabulous weekend fabulous Friday we'll see you on Monday take care be safe out there everything in the universe is