 TFNN headline, news update. Welcome folks to your one PM update. I'm Steve Rhodes filling in for Tommy O'Brien. Right now we have pretty much flat markets out here. The Dow is up 11 points, no big deal. The S&P is off less than one point. So flat markets ahead of the Fed release and conference today. So we'll have some more feelings as to what the market wants to do after that. Sometimes ahead of these meetings we have tells in the market. And I've been searching around looking for those tells I don't see them. So here's what we do know right now. If we take a look at the Dow, yesterday the Dow tested and rejected its all-time swing point high. That was from April 23rd. It tested the bottom of that swing point and that's at 26503. Is that a, and there was volume if you take a look at the Dow diamonds behind that move. So price pushing into that swing point with volume. If you take a look at today's move, well it's actually done that. It's tested that 26503 or 26478. So there's the possibility that this is the identification of a top. And we will see some type of pullback or retracement in the markets. That is one, certainly, look, there's two possibilities. Three possibilities, sideways, up or down at this stage. If you take a look at the S&P 500, really the same exact pattern. Price testing, the low of the swing point for Mayday out there, May 1st. That was at 292336. You tested it, you rejected it. Today, you've been up as high as 2922. So not a test today, but again, just a sideways move. But we do have that test and rejection. Now price is gonna continue to move higher. For example, in the Dow, there's a secondary level of resistance that was set up by where price began its downdraft, its downtrend, and that's up at the highs out here. So the signal, and right now, the market conditions for the Dow are bullish. The only thing that would change that would be a close below what I refer to as Stevie's green or red line. In this case here, that's green 25987. The fact that it's green is like the green light. It is bullish. The market conditions right now are absolutely bullish, but we don't really care what it is at 102. We wanna know what it is at about 350 to this afternoon. So you're gonna have to stay tuned into TFNN when we can then analyze what the message of the markets is after the interview and the release by the feds. With regard to the S&P 500, its resistance level, 293732 is the number I've been looking for. Hey, folks, have a great day. Stay tuned. Another great programming show. The Trader's Edge is up next. Take care.