 T. F. N. N. Headline news update. Good afternoon folks. Welcome to the one P. M. Update. Currently we've got the Dow. We've got a mixed market out here. A mix from the standpoint is the Dow and the S. and the semiconductor index that are trading to the upside. Semiconductors just slightly up three points. It's about two tenths of a percent. Really quarter percent for the Dow. That's trading up 68 points. Whereas the other indices are in the green or in the red out here. You got the S. and P. F. for Nasdaq 100 down 35. That's off four tenths of a percent. Russell down six tenths of a percent. About nine fifty. You've got the spot ball hotel dynamics which is up forty five cents. It's about three three and a half percent move to the upside but still well below its 50 day exponential moving average gold is flat. It's up a buck. Silver's flat. It's up two pennies. Light sweet crude is 34 cents to the upside. So let's take a look at the indices. See what they're doing. Even with the Dow moving higher out here what it hasn't done with any kind of conviction is broken. An ascending trend line out here. If we take a look at the highs and then we're looking at a daily time frame chart folks right now of the Dow we just simply connect the high from back in twenty eighteen to the high in twenty nineteen that will create a little bit of a rising trend line out there. And therefore what you and I can conclude is that even though we've had the Dow making new all time highs might have been two weeks ago when it was doing a close in a new all time high what it hasn't done is broken out. For me price would have to break above this level come back retest it then continue to resume higher to say that it has broken out if we take a look at the S&P five hundred down three points so just a flat move if we speak but still the S&P five hundred which did make a new all time high which did close in a new all time high on Friday still has not broken out again here we're again connecting the touch points the high from back in twenty eighteen January the twenty six to the high out here that was generated back on September twenty first twenty eighteen if you draw that same trend line that is resistance so we've got the S&P and the Dow up a resistance slightly different story we take a look at the NDX one hundred so we take a look at it it has broken above it's twenty eighteen twenty nine trend line resistance level in for all intents and purposes it broke above this came back looked to be a false break out then we got another move above that level on July twenty fourth and today really prices pulled back to that same area however with regard to the NDX one hundred it's going to really be important about the close right now we've got a bearish reversal candle if that holds into the close it confirms Stevie's Rhodes momentum indicator top suggesting that it'll pull back to seventy seven thirty five wonder if it's for telling what Apple is going to do tomorrow afternoon folks thanks much for being