 Good afternoon folks Steve Rhodes coming to you live from the shores of very pleasant Del Ray Beach Florida with your one PM update and currently we have all the US indices trading to the downside. The S&P is 53 points one and a quarter percent the Dow down 367 just over one percent one and six tenths for the Nasdaq 100 that's 246 one and four tenths for the Russell 29 points semizer up two and a quarter percent 79 points the downside gold is up 30 bucks she's trading out at 1900 and 70 pennies like sweet crude is trading out at 8950 that's back $2.33 let's go take a look at our nine panel market update chart we give my take a look at the ES mini and really all that we can say here is that it's trading between trend line support and trend line resistance at some point in time this will go ahead and get out of that snow cone out there but right now the support levels you know its first prices trade back traded back to the bottom or the center of it's a bullish structured daily profile 43.96 so not much to really talk about there you got the spot follow tonics still have its 50 day exponential moving average that's always a bearish directional signal for the S&P the NQ just like the S trading between trend line support trend line resistance there is that new daily profile did form yesterday 13 14342 is support we're trading at 14345 the US dollar index almost really doing the same thing as the ES and the NQ trading between trend line support and resistance out there that is not the message for gold gold is breaking out above a prior swing point it's breaking out above its TD nine count from two days ago that's this suggests a strong momentum rally to the upside if we take a look at silver she's trading right into resistance that is at 2392 silver right now is trading at 2390 2392 is the top of its daily profile like to recruit even though it's pulling back it's still holding the top of the daily profile so that's the level to watch here that level is 91 12 we're trading at 91 26 now price close below 91 12 that'll be a signal to expect price to pull back to 88 39 or 88 39 to 87 0 2 bullish structured daily profile out there but right now support has held natural gas so this is kind of an interesting one so price to trade it below the bottom of its slightly bullish structured but I don't even know if that was both bullish structured like price right now is making a determination whether or not it's going to stay with inside that daily profile so you need to close about four dollars and 48 cents that's the march contract that we're looking at you've got a nice confirmed TD nine count bottom inside of 30 year treasury but it's found resistance at the bottom of that daily profile 151 28 that's a level that price needs to close above to suggest that the price would run up to its decent lots of these 70 trend lines out there folks G roads with gf anand they tool for the trader