 news update. Good afternoon folks. This is Steve Rhodes coming to you live from the shores of sunny Delray Beach, Florida. Although I just got a radar alert to say that rain is going to start in 20 minutes out there. I don't like to hear that in any event this year, 2 p.m. Update and right now we get all the U.S. Indices traded a downside. That was up to 20 S&Ps off 50 Nasdaq's down to 60. Russell's down 37. That's about 2%. It's a little over 2% for both the NDX and the Russell 3% for the semis out there. If you've got gold trading up 11 bucks, trading at 17, 24, 70. Silver's back 15 cents at 18, 56. Light's recruiters off 88 cents at 95 and change. Natural gas up 38 pennies, 8, 19. Looks like that one's to really motor on higher than $9 range out there. And the 30 treasure is up about 2 points. 1.4204 is the print out there. So as we do during the 2 o'clock update, we spend a little time to go take a look at what's going on inside of the indices out here. If you give me a moment, we'll change screens in the upper left hand panel. Momentarily, we will see the Dow. So what do we know about the Dow as we speak? Well, on a A to B equals CD pattern, price did close above. It's a swing point yesterday. It's back below. That was from June 28. There's an A to B equal CD pattern. You don't see it on this chart here. That price reaction was 33, 32, 375. The price didn't get up there. So we get a bearish engulfing candles that confirm a sell the D point pattern. No, it's just too far away. It's too far away. It's not saying it can't pull back, but it won't really be a sell the D point pattern. It really the same with regard to the S and P. The actual high so far in the S and P today was 40 12 and 40 30. And also you got 18 points away before it would have gotten to the one to one area out there. So now price might be pulling back to it's also in change line. That's 31 182 on the Dow. That's 38 53 inside the S and P 500. The Nasik 100 different animal out here that does have a A to B equal CD pattern. You got just above the one to one yesterday. You the day before you were right at it. So a bearish reversal candle right now I got a bear sash candle is going to suggest the NDX wants to pull back to 11 977. In the case of the Russell 2000, it too has completed at least the one to one A to B equal CD pattern. And I've got a bearish engulfing candle. That's the way it looks at the end of the day. That says 17 54 would be its price tart. Folks, thanks for being here. Stay tuned. Your favorite polar bear David whites up next. Have a fantastic weekend and we'll see you on Monday, one o'clock star. Take care folks.