 T F N N headline news update. Good afternoon folks. Steve Rhodes coming to your live from the shores of sunny Delray Beach, Florida. This is your 2 p.m. update and clearly we got the Dow down 140 S&P's off 16. Nasdaq is off 38. The Russell's up 8. Semi's are up 16. Spot follow to next trading out at 1881 up 85 cents. That is above its 50-day exponential moving average always bearish directionally speaking for the S&P 500. Let's go take a look at our ETFs, our index ETFs out here in some of the sectors inside the S&P 500. So to begin with on the upper left hand side you've got the QQQ. It's got a TD 9 count top. It's got a roadsman to Mindicator top. The price is just consolidated with inside its profiles. In order to get somewhat bearish prices got a breakthrough support that's 378.41. The price can do that. 368.79 would be the target. The spy has a TD 9 count top. It is trading above resistance which becomes support. That is the top of its daily profile and that's at 440.344. If we take a look at the Dow diamonds, the lower left, this has a sell the d-point pattern out here. It's below profile so price is going to go target its swing point from back in August and around the 340. What is it? 349? 347. Around the 347 level. The IWM TD 9 count top. Now if price can close above where it's trading right now at about 224.60, that'll suggest that price is going to make a run for the 228.83. So it's trading above slightly. A green oscillator and change on if it closes above that says that it wants to move back to highs. Here we just look for resistance and that would be in the 228.83 level. Back up to the top. The XLK TD 9 count top below the Oceter and change line above all kinds of support and resistance. So resistance being the top of the daily profile. That's the target to the downside 155.41. The XLV has rogement and indicator topping patterns out here but price is above old resistance, the top of its profile. That's at 134.20. So its signal remains neutral. The XLF, rogement and indicator top, price finding support at 37.44, the bottom of its profile. The XLC, the communication sector. Here you've got a TD 9 count top. Price is still above resistance, old resistance, which is now new support. About 84.38.50, 84.58. Folks, thanks much for being here. Stay tuned. Your favorite polar bear, David, like he's up with the power trading hour. And I'll see you back here tomorrow at 1 o'clock sharp. Take care, folks.