 T. F. N. N. Headline, news update. Good afternoon, folks. Steve Rhodes coming to you live from sunny Delray Beach, Florida. This is your 1 p.m. update. Currently we've got a little bit of a mixed bag out here. We've got the, most of the indices are in the green. The exceptions being the some eyes are off five points. So basically a quarter of a percent to the downside, not a big deal. The trainees are off about a half a percent or 41 bucks out there. Spot follow till next, trade out to 33.64. Flirting with its 50-day exponential moving average number out there. Gold is off three bucks. Silver is up 20 cents out here. So let's go take a look at the markets, assist you with figuring out what they're doing. So right now today, it's just really a consolidation. I know you might be saying to me, what do you mean, Stevo? The Dow's up 56, the S&P is up five. What do you mean it's a consolidation? Great question out there. So let me show you. And because you want to understand, we've traded up to the top of that consolidation. So you want to understand where the breakout or the breakdown would be out here. So we've already tried, the markets have tried the breakdown. And the breakdown is this blue line. Now this is the NQ, 30-minute timeframe out here, 98, 93, 75. Now that is the low of what I refer to as the European opening range out there. You'll see a couple of horizontal lines on my chart. They're in red. They're in, well, I guess I got a bunch of them because I've got a couple of things turned on here. But the solid ones in red, blue and black, represents the U.S. opening range. And that is the top of our consolidation. So in the NQ, we're looking at 10.022. You'll see that we did earlier this morning, we did get one close above that. But in a Stevie's method of a real breakout, you'll see two consecutive bars either closing above the top of resistance or below the bottom of support out. Here we had a nice rose momentum indicator signal. We've had two of them. One was at about three o'clock this morning. The other, I had 10, 10.30 out here. So here's our range inside the NQ. It's 10.022. If you see price trading above that for two consecutive bars on the half hour, you should anticipate a further rally. Otherwise, we're just consolidating between support and resistance. 10.022 and 93, 98.93. Now you'll see, let me pull over one of the other timeframe or one of the other equity future contract. Let's pull over the ES mini out here. You're gonna see a similar pattern. Now price did not test the European bottom of its opening range out, but we did just test as we came into that one o'clock timeframe. We did test 30, 52 and a quarter. Watch that level. Any close above that would suggest a further move higher. Otherwise, we're just consolidating between support and resistance. Steve Rhodes with TFNN. Stay tuned for the Trader's Edge if you're off to start here Thursday. Have a thirsty one. See you soon.