 T F N N headline news update Good afternoon folks Steve Rhodes coming to you live from the shores of sunny delray Beach, Florida This is your 2 p.m. Update and right now you got a mixed bag out here the dows off 52 points about Less than two tenths percent to the downside the S&P's are three points. That's point zero six percent Otherwise all indices trading the upside but the spot ball tonics remains above its 50-day exponential moving average And that's really the key level to be watching as we come into today's close that level by the way is 19 I'm sorry that level is 1760 and if the spot fix closed above 1760 the nods favor we see the yes mini pull back into the 4450 to 4467 level Okay, good. I do have my indexes that we can go take a look at so give me a moment to do Oh, you're not even seeing the chair some of them What are you seeing? You're just seeing my face. Well, um, let's just go to the indices charts out there you can write down that number that I gave you on the ES on the spot ball to the X as we take a look at the cash indices out here We can see that the a dow is trading into a swing point. That's a swing point from What's that date? I don't know why my cursors having such problems out here. I Think there's some calculations going on This looks like a swing point from August the 19th and it's going to close inside There's no idea whether it's with volume or not But as long as price closes in there price could easily go test the bottom we look at the S&P 500 You've got a TD 9 count top price may be testing It's our moving back towards its breakout level at 4450 TD 9 count top roads meant to indicate or top inside the NDX 100 but it's really just been a sideways move out here the Russell TD 9 count top price below that oscillator and Change line price could be targeted at 2169 level semis here having a strong day They are up above the oscillator and change line out here. Let's just expand out this chart back at its highs No topping pattern whatsoever. So the semis they still look like they still look strong like bold I didn't know bold it out transports out here Just have it an inside day that typically signals a Continuation of the move that was in place that would then say a move lower Spot ball to this you can take a look at it and it's trained above its 50-day expensive average finally the XAU It still is maintaining Still is maintaining its roads momentum indicator by signal as long as price remains above that red line And it's just above it by the a narrow margin. It's still above it You still have that bottoming signal. Hey folks stay tuned for an amazing show your favorite polar bear with the power trading Now peace up next have a fantastic Friday, and I look forward to seeing you get on take care The reality