 T F N N headline news update Welcome to your 2 p.m. Update right now. We got the Dow up 175 points That's about seven tenths of a percent to the upside S&P's up 18 NASDAQ 137 Russell 2000 just slightly green Some eyes are the ones leading the charge if they so so to speak to the downside They're up about 1% or about 13 points. Let's take a look at each of the markets formed beautiful bottoming patterns Either Monday or yesterday on Tuesday if you take a look at the Dow It was yesterday that confirmed the Gartley buy pattern now every Gartley buy pattern has five potential outcomes Four of those outcomes are retracements of that a to D leg out here. Looks like I've just slightly missed Let me just go ahead and give you the exact number out here now The first outcome is going to be the point three a to retracement of the entire move That would have been 25 for 50 you can see prices trading above that when you trade above one of these Elevator floors it tells you you're going to the next floor in this case here for the Dow That would be the point six when a retracement level that is 25 9 to 26 That's another 400 points above where we're trading. I'm not saying price stops there I'm saying that's where prices headed to next if we take a look at the S&P 500 up 18 points It too completed a Gartley buy pattern price above its point three a to retracement of 28 14 The next floor to the upside is 28 68. That's where she said it to the NDX 100 also bottoming It has yet to make the point three a to retracement. So that is its next target That is at the 72 86 level above that 75 oh two comes into play take a look at the Transports out here beautiful Gartley buy pattern It too is making its way up to the point three a to retracement. That's 10 to 62 and above that 10600 you've got gold trading up five bucks right now gold is in a precarious zone out here the zone Set Bob set up by resistance It's breakdown level that occurred right here on the trading day of February 25th that price point is 1340 40 out there. That's resistance currently you've got a shooting star candle I don't know what the end of the day is but if this were the end of the day You have a bearish reversal signal at resistance 1340 40 the message here for gold be careful Be very careful. You've got some topping signals in place and price unable to take out resistance thus far Stay tuned your favorite polar bear. David whites up next. Have a great Wednesday