 news update. Good afternoon, folks. The fireworks should begin. This is Steve Rhodes coming to you live from the shores of Delray Beach, Florida. And this is your 2 PM update. And we've got a Fed decision that is imminent. So I've seen the markets here take off just a tad to the downside. The Dow, well, and so my chart here, because there's so much activity going on, things are a little clogged. But right now let's go take a look to switch over to the panel. You'll see just simply how frozen things are. Give me a moment out here. Oh, you're taking a look at it right now as we see. So you've got the Dow down about 102 points, 110. S&P 18. Gold's down to down 14 bucks or so, trading around 1758. I'm sure that's not exactly where it's trading. You'll see that everything here is kind of frozen as all of this data. I just simply have too many windows that are open here. So that's the initial reaction. Let's simply go over and take a look at my cash indices charts out here just to get a feel for what they're communicating to us or what to be watching for come days in, not the knee-jerk reaction. So we begin by taking a look at the upper left-hand corner and that is the Dow Jones cash indices. Right now, price is testing that green oscillator and change line. The level there is 35503 is what we'll call it. So if price is able to close above that, then a key level of sport will have held and the Dow should go target. This is the Dow Jones industrials, the 35952 level. The S&P 500 yesterday pulled back, tested a key swing point, or actually yesterday, it did two things. It tested a key swing point and it closed the gap that it had. So as long as that area holds, and I really say it's the key swing point, so in the S&P 500, the level to be watching here is a 460803 level. We're at 4617 and as long as price holds that, that suggests a move higher would be likely. The NDX100, this has a buy the D point. It did that one a gap to the upside, but price still may be pulling back to test the 15578 level. That's its breakout area. The Russell 2000, it still has a TD9 count bottom and it will remain with that TD9 count bottom so long as price does not close below 214740. We're below that by five points right now. It's also trigger an erodesment to indicator signal. The semis still in a consolidation pattern. The transport's not doing much out there. And that's all I've got for you. So stay tuned. The fireworks show should continue and it should continue through probably about 330 today. Dave White will take the handoff from here. Tom O'Brien will take it after that and I'll be back with you tomorrow at one o'clock sharp. Have a wonderful Wednesday, folks.