 T F N N headline news update. Good morning folks. Steve Rhodes coming to you live from the shores of sunny Delray Beach, Florida. That's your live name update and clearly have all the US indices that we track trading to the downside. All the S&P sectors as well with the exception of the financials there are flat. The energy sectors up 18 cents. So I take that back boy. We've got a mixed bag out here. The industrials are up. Utilities are up. Consumer staples are up. Let's go take a look at what's going on. You've got the Dow off 29 points. The S&P's down 19. NASDAQ is off 116. Little over 1 percent. Russell's down 7 tenths or about 13 points. One and a half percent for the semis. That's 38 points to the downside. You've got gold trading out at 17.95. That's off five bucks. Silver's down 18 pennies at 23.14. Lights recruit basically flat natural gas down 56 cents. That's down 9 percent. Trading out of 573 into 30 year treasures off 1 point and 19 ticks. 129.17 is the print there. As we take a look at that nine panel market update chart, we begin with the ESMini. What do we know about the ESMini? Well, one last Thursday price busted through its consolidation pattern. That provides us with a measured move. Measured move says that price should move to that level or greater than that level to the downside. Well, if it just makes a measured move, the price target is in a 37.50-ish area out there. Now, if price is going to continue to move lower, we should see the spot volatility continue to move higher. It's trading lower. It's actually right now below the low of Friday. It always makes you say, something to think about. But the key level out here, 23.88 in that spot volatility index. If price does, in fact, get above that, then we're looking at that move to 37.53. The NQ, much like the ES, was also trading in a sideways consolidation pattern. Price busted through that. That gives us a measured move about 10.883. That gets us back into the October and November swing points. If we take a look at the US dollar index, it's got a buy the D point bottom. It'll change its trend, meaning a move to the upside if we see a close above the top of the daily profile. Therefore, watch 104.67. Price closed above that. Likely, the US dollar index will head higher and the equity markets will head lower. You've got the price objectives of those consolidation measured moves. Gold has an A to B equal CD pattern. The upside just been trading sideways. It has resistance at 18.3690. That's the top of a new weekly profile. Silver, the top of a new weekly profile is at 24.39. Right now, price is consolidating with inside its daily profile between 22.63 and 23.95. Lights regrewed running into resistance. That is the center of a new weekly profile at the 76.57 level natural gas pulling back to support. That's in the range of 545 to 565. Folks, stay tuned for the Traders Ed Show. But if you're off to start your Monday, please have a magnificent one. And thanks much for joining us. Take care.