 update. Good afternoon folks Steve Rhodes coming July from the shores of Del Ray Beach Florida with your 2 p.m. update currently we have a mixed bag out here the Dow and the S&P trading higher the dollars up 48 points and the S&P is up to which is flat the NASDAQ is off three tenths of a percent 41 points the downside while the Russell's up five points the semis are off eight tratties up 232 we've got a mixed bag gold up five bucks silver 15 pennies lights we crude trade out at 87.93 that's buck 22 pennies so what do we want to do here you know we're gonna go take a look at the industry chart so I'll share with you what they're signaling to you and I and give me a moment to get over there we begin by take a look at the Dow in the upper left-hand corner so it's signal to you and I this got a nice buy the D point erosement indicator bottom price above that red oscillator and change line so the red oscillator and change line tells us the price oscillator is below zero just suggests that a further retracement move higher I could unfold out there not anywhere near as strong as being above a green oscillator and change on although you can't see it as we speak right now from a you know price really should continue to move higher I look at the Dow equity future contract prices well above the center of its bullish structure profile this says that price could make a run up to 36 054 on the Dow it's really 36 513 the TD 9 count breakdown level so it's a possibility the S&P 500 same kind of condition closed yesterday with a wide-ranging bar of the above that red oscillator and change line could move higher 47 44 would be its target 46 25 is the top of a daily profile so that would really be the range between the ES many in the S&P NASDAQ 100 also above a red oscillator and change line could be telling us about a target of 59 90 in order for that to happen we need to see two consecutive close above 14 874 in the end Q we're trained at 14 890 right now so it's really going to be the end of today as well as tomorrow's session that would communicate that to us you've got nice bottoms on the Russell 2000 price above its red oscillator and change line says price could go ahead and target 22 10 but what first needs to happen is price must close above on the Russell 2000 equity future contract 20 36 we're trained at 20 34 90 right now 20 36 is the high from Monday that's how weak the Russell 2000 is the some eyes they right now are sitting right on that red oscillator and change line but closes back below it that's saying that's where a countertrend rally could end but the other indices are saying they may be not so fast out there so folks do me a favor stay tuned David White is up next with the power trading hour Tom O'Brien will take us on home from three to four and I'll be back with you tomorrow one o'clock sharp for the one o'clock update have a terrific Tuesday folks