 Good morning folks Steve Rhodes coming to you live from the shores of a rainy Delray Beach, Florida. That's your 11 a.m. Update We've got all the US indices that we track trading to the downside Now it's down 187 points half percent half percent for the S&P or 25 points a little less than half for the Nasdaq 172 1 1.5 percent for the Russell 30 point move there some as they're down 27 you've got gold up five bucks with silver being back 15 cents US dollar index of 245 pips trade out 102 33 or thereabouts. You've got lights recruit up to 36 National gas up 9 cents to your Treasury offer five ticks printed out at 122 even Steven Let's go take a look at all that might mean by looking at that nine panel Market update chart we'd be going to ES many now You'll see here that at the moment price of trading below the bottom of the profile for the Profile levels calculated by this e-signal system out there. That's at the 47 99 level however, my other system the The Ninja trader system out there has got sorry I should have had this right here ready to go It has 47 15 as the bottom of its profile level got the spot ball totics It has held this little rising trend line out there So if it does hold that then that suggests we could see a bottom in it And we should see or could see the yes many continue to move lower in the case of the NQ yesterday closed one the top of its daily profile that level is at 16 832 a second close above that It's going to suggest that it wants to go target those recent highs But it does have an oscillator on change line that has to deal with that's at the 16 976 level if you take a look at the US dollar index it's attempting to break out above profile That requires a closure of 102 26 needs to do for two consecutive days if it does that we head up towards the 104 level You can see that gold still trading within its Rising and descending trend lines. We're getting real close to that wedge right there So perhaps we're going to see a breakout over the course the next couple of days There is a new profile that is attempting to form very narrow 2029 is support 2061 is resistance silver is trading below profile support that's down at Profile support is at 2306, but I believe that silver will trigger a TD 9 count bottom So what take a look at that during the trader's end show if you take a look like we accrued nice little rally But running into that descending trend line resistance level if you can clear that area 7755 would be in the cards out there new profile has formed or is forming inside of natural gas Resistance up at 321 support the 280 261 to 269 level up there folks They do for the traders end show but it's after starting your Thursday have a terrific one Thanks for joining us. We'll look forward to speaking with you again soon. Take care now