 headline News Update. Good afternoon folks. This is Steve Rhodes coming to your live from the shores of very sunny Delray Beach, Florida. This is your 2 p.m. update. Clearly got all the U.S. indices trading lower the Dow's down 197 points. The S&P's off 34. The Nasdaq 101 and 210th percent. That's 195 points. Russell's off 31. Summice down 95. Trendy's off 74 out here. Spot politics is above its 50 day exponential moving average of 50 days at 1775 or thereabouts. It's traded 1866. It's always a bearish directional signal for the S&P 500. You got gold up $16 silver's up 34 cents like to recruit back to 59. Let's go spend a little time with those indices charts out here as we do during this segment. As soon as I get that popular on the screen, the upper left hand corner is going to be the Dow. We can see here you've got a valid TD 9 count top price right now is testing its green oscillator and change line. It's actually below that level. That level is 36177 and a close below that could suggest a price target of 35545. We'd really have to go back to the Dow equity future contract profiles to see where its level of support is. That becomes a price target in the cash indices. The S&P 500 has a TD 9 count top as long as price closed below 4662 today. That's a green oscillator change line. That suggests lower price. Same thing. Same playbook. We go back to the S-mini to see what its price target. Let me, I can do this on a separate screen. The separate target for the S-mini out here would be 4635. If price closed below 4635 on the S-mini, then it says the S&P 500 should go target 4551. Inside the Dow, the target is 35759. If price closed below that, then we are looking at about the Dow itself, the cash indices going to 35545 level. The NDX 100 out here, it is below its oscillator and change line. That would suggest that if price is going to go target in the NQ, about the 15677, 15763, 15578 happens to be the TD 9 breakout level for the NDX 100. Russell 2000 right now is testing or is getting close to testing this green oscillator and change line. A close below that would suggest lower price. The S-mini, they have a TD 9 count top. Price is going to go target its oscillator and change line 3643. Price would need to close below that to really get somewhat more, really bearish, to give you a more bearish directional signal. The transport is not much to talk about here. Spot follow TDX. That is in as long as price above 1776. That says more downside movement for the S&P. The XAU, watch this. So today's candle right now is a shooting star. It's both a bullish candle, which is a gap to the upside, the bearish candle, a shooting star. So you got two messages out there. Which one is the right one? Well, let's wait till the end of the day. Hey, folks, stay tuned for two more great hours. I'll see you tomorrow on terrific Thursday. Have a wonderful Wednesday.