 update good afternoon folks Steve Rhodes coming to you live from the shores of very sunny and pleasant Delray Beach Florida this year 2 p.m. update and currently we have all the U.S. indices that we track trading the upside Dow's up 332 S&P 63 Nasdaq 100 241 Russell's up 48 some eyes 121 that's the big winner that's up 4% gold's up 4 bucks Silver's up 17 pennies lights we crude back 14 cents trading 146 30 your Treasury down 1.5 ticks 138 24 natural gas up 31 cents trade out at 827 with regard to the cash and to see out here the S&P 500 we now have a bullish crossover bullish crossover means this a Taz market breadth bullish crossover it means that we have more instruments now trading above the top of their daily profile versus those trading below the bottom of their profile above the top of the profile is bullish below the bottom of the profile is bearish generally speaking 128 instruments and all are trading above the top of their profile whereas there's 54 below so haven't had you can see the other crossovers here both bullish and bearish so definitely in the hands of the bulls right now the weakness would become from the weekly timeframe chart lots of damage out there so there's still some Jocelyn around us now like it's a free ride up to the upside out here because the weekly timeframe shows that there are 82 instruments trading above the top of their weekly profiles whereas there's a 177 trading below if we take a look at the NDX 100 right now again just trying to get market breadth we'll see that the daily timeframe also has a bullish crossover not bullish crossover foreign today 25 instruments above the top of their profile 14 below again this has problems with regard to the weekly timeframe and the weekly timeframe seven instruments are only above the top of their weekly profile whereas you've got 42 below so a bit of a market that you know we're gonna see buying is selling out here but for all intents and purposes what we have and specifically today is bullish signals for the equity markets meaning that they should continue to rally it's just mean you don't have a day or two that pulls back as long as bought politics which currently is trading out at 2594 remains below the 50 day expense moving average which at 2708 we should see the spot politics make its way to 2122 and if that happens the as many will make its way to resistance that's at 41 68 so folks they to your favorite polar bear David whites up next combo bridal take us on home I'll be back with you on one Wednesday have a terrific Tuesday be safe out