 T F N N headline news update Good afternoon folks This is Steve Rhodes coming to you live from the shores of sunny Delray Beach, Florida This is your 1 p.m. Update cuz we got a mixed bag out here The Dow's up 32 while the S&P is down one Nasdaq 100 is off 60 the Russell's off 12 That's the big leader percentage wise to the downside. That's a half a percent. Some eyes are on 15 You've got gold trading off three bucks at 1865 Silver's trading out at 25.09 That's down about 1% or 25 cents Let's go spend some time and take a look at our nine panel market update chart We begin by take a look at the ES mini on Friday while I was gone We had the ES mini close above the center of that bullish structured profile as well as the Oscillator and change line if it closes above that again today That suggests to run up to the 47 11 level that is its top of its daily profile Spot follow tonics as long as it remains below 1775. That's the 50-day Exponence moving average the S&P will have the wind at its sails to continue to move higher The Nasdaq 100 on Friday closed above the top of its daily profiles Well, it's a certain change line and today so far the pullback has been nothing more than a test and now Rejection of the top of that daily profile. So the key level to watch today 15 134 if not 15 134 words to you become up with that. That's not it 16105 Excuse me there 16105. There's a close above that odds favorite We go back to test the all-time highs out there the US dollar index It's found its mojo price right now trading above a new profile that is attempting to form Whether the trade whether that takes place or not Look if there's a close above that level right now that level that daily profile levels 95 18 That's going to suggest to run up to the 96 05 level. That's its 1 to 1 a to b equal CD I'm not saying that's where the US dollar index will stop just saying that becomes its first start its next target The case of gold there's really a couple of different a to b equal CD patterns We can put out here. I've got the junior one on a different Well, if we do get a bearish reversal candle today, that would suggest we could see some type of short-term top and retracement Inside of silver. We don't have an a we do have an a to b equal CD pattern That's underway, but I don't have a shorter one that would suggest it is completed But price is running in a resistance a new profile that's attempting to form Resistance 25 47 support in the 23 88 to 24 0 8 level lights We crude continues to find support at the bottom of that daily profile that levels at 80 20. I'm sorry. Let me give you that level Yeah, it's at 80 24. We're trained at 79 97 So if we do get a close below that level today and tomorrow that would suggest a potential short-term change in trend The natural gas contract still has a by the D point that is in effect out here brand new bullet structure profile has formed That suggested a price can get above 494. We should see 529 folks stay tuned for the traders and show Be proud to start your mind to have a magical one. We'll look forward to seeing again soon