 news update. Good afternoon folks. Steve Rhodes coming to you live from the shores of very chilly Delray Beach, Florida, 68 degrees out there. That is winter time for us down here. But this is your one p.m. update. And currently we have all the U. S. N. C.'s trading to the downside to see a bread one and eight tenths percent for the S. I'm sorry for the Dow that's down 641 points two percent for the S. N. P. 90 points NASDAQ's two and a quarter three hundred forty five points. Russell's two and six tenths percent fifty six semis three and a half percent hundred thirty five points. It is a sea of red. Of course that puts that spot follow to the except that's up up nineteen percent right now three dollars and seventy one trade well above its fifty day exponential of an average. It's pretty not a twenty two ninety. You want to watch that one day rate of change come the end of the trading session you would expect or anticipate some type of bouncer bottom in the overnight or early morning session out there. Gold is off five bucks over on the other hand is up fifty cents right now trying to take out a B. point of an A to B. C. D. to the upside lights recruit up ninety five cents she's trading out at eighty four seventy seven fact let's go take a good nine panel market update chart we begin by take a look at the S. many its target is going to be the bottom of its weekly profile forty five forty nine or forty five sixty five so we should see that I would think maybe we see that by about two o'clock or so. I will see if that takes place right now you got the spot ball to take out one level resistance that's twenty two oh seven that was the high from Friday resistance because was a bearish shooting star candle next resistances at twenty two thirty three that above that would be twenty three eighty the NQ right now is taking on the top of its weekly profile support a real key supports at fifteen one oh four that's the center of its bearish structured weekly profile you've got the U. S. dollar index last week it confirmed on Friday it confirmed a by the D. point or currently by pattern brand new profile that formed as well yesterday prices trained above that that is ninety five ninety six ninety one we're I'm sorry that's not right the profile atop the profile is at ninety five fifty we're trading ninety five seventy seven so that suggest a further move higher gold is also formed a new profile prices test at the bottom that support that's an eighteen oh six that's lovely watching now if silver can close above twenty three forty eight right now straight out of twenty three forty one but it does close above twenty three forty eight it'll take out his T. D. nine count top it'll also take out the B. point of an A to B equal C. D. the upside likely suggest a move to about the twenty five fifty five level like we grew trading higher today but today is a T. D. nine count watch today's high whatever that is a price trade above that or close above that tomorrow strong momentum move to the upside folks stay tuned for the trader Zed show if you're off to start your Monday have a bag if someone will look forward to see against