 News update. Good morning folks. Steve Rhodes coming to life from the shores of a very pleasant Delray Beach, Florida. This year, 11 am update and we start our day with a mixed bag. The mix goes like this. Dows up 193 S&Ps up 10 NASDAQ and Russell and some eyes are trading to the downside. 31 will basically flat for the Russell. The some eyes are up 42 points. Trend is 0.50. Gold's up about 10 bucks. Silver's up two pennies. Let's be crude trading out a buck. Natural gas off 11 cents. 30 a treasury. Print out a 118, 17. That's up 50. I have a point out there. Let's try to figure out what all that means by looking at that nine panel market update chart. We begin with the ES mini left hand side. Yesterday, the ES mini negated its rogement to indicator top prices trade above just slightly above yesterday's high straight above profile straight above its green oscillator and change line conditions here are outright bullish. Now, they get outright bullish. If we see a close today in the spot, volatility explodes 50 day expense moving average. It is not right now. The 50 day is at 1390 prices at 1403. Why oh why? And that's somebody inside the tiger's den. Why oh why hasn't the spot volatility gotten below the 50 day expense moving average? I don't know the answer to that. Typically, any rug pulls would be to the downside. If of course, all rug pulls would be to the downside. We take a look at the end queue. The end queue still maintains its rogement to indicator top. In order to negate that, we need to see a close by 18 121 50 US dollar index. It's been a wild week out here, but that wild week has really just been a consolidation with inside the profile support and resistance level support being down at 103 66 resistance 104 42 that consolidation with inside the US dollar index has led to a consolidation with inside his profiles for silver and for Goldilocks out there. If we take a look like sweet crude rejected the top of its daily profile, if you can't bust them to the upside, we are trading just slightly below yesterday's low. Perhaps price wants to bust it down, bust it to the downside. In order to do that, we'd see a price move down to the 73 15 type area out there. We need to look take a look at the internet chart to see what's going on natural gas has got to buy the D point pattern out there closed above the top of its daily profile yesterday in the day before a signal of a profile change in trend. However, Lee Corsos in the room and he's saying not so fast. And the reason is because price right now is back inside that daily profile 1.75 for as long as that condition remains, you could see a test of profile support at a buck 67 and a 30 year treasury. It's just got a new profile, no bottom pattern or anything bullish and structure likely going to see it move up to the 1903 area. Folks, please stay tuned for the trader said show before I have to start your Friday. Have a fabulous have a fantastic one and we'll look forward to speaking with you again on Monday. Take care now.