 D F N N headline news update. Good morning folks. Steve Rhodes coming to you live from the shores of sunny Delray Beach, Florida. This year 11 am update and they have all the US indices that we track trading to the downside. Downs down 302 points about nine tenths percent seven tenths rate. Tenths for the S&P 33 points. There are seven tenths for the NASDAQ 100 112 points. The Russell's down nine tenths or 16 points. Some eyes are 51 bucks. They're off one and four tenths percent. So there's a big mover to the downside. Gold's off 25 bucks. That's down one and a quarter percent. Silver off nearly four percent. That's 92 pennies trade out of 23 19 lights. We crude us up as off a dollar 48 natural gas back. Tenths 30 treasury print out 120 eight oh seven. Let's try to figure out what all that means by looking at that nine panel market update chart. We begin the upper left hand corner. You've got the ES mini. Now the ES mini is attempting to form a new TAS market profile. The resistance level. Write these numbers down in your pad of paper. Forty four seventy five is the resistance area. It's a bearish structured profile. The center's at forty four eighteen and really a key level to be watching a price were to close below forty four eighteen today. Not forty four seventeen. You kind of know what I mean. Well then I would suggest that price will push its way down to the bottom of that new profile. And that's at forty three sixty two. Spotball attendance had been rising over the last couple days. But it's still well below its fifty day exponential moving average. That gives a little bit of an edge to the buyers. The NQ also attempting to form a new profile as well. These are numbers you want to have on your pad of paper. Why. Because on this retracement or pullback that we've got. If this is more than a pullback we will see price close below the bottom of this profile. Now this profile will not be confirmed until this evening. But we'll be able to confirm that tomorrow during the show. But forty nine fifty is the level to be watching on a move to the downside. This is also a bearish structure profile resistance at fifteen three seventy. The center fifteen two sixty five. That's the key level to be watching at today's close. U. S. dollar index also former in a new profile or attempting to. It's already trading above the top of that profile. So I don't know if it will take hold. But one oh two twenty eight is the number you close above that. In essence of that profile takes hold suggest a further move higher. The Goldilocks is testing. The swing point area that has generated a couple of days ago. I don't have the volume on this at this date here. Price is trading below the bottom of its profile. It has been tested over the last couple of weeks numerous times. It is always held by day's end. So watch nineteen fifty five thirty. If we get a close below that then maybe signaling something else to us in the case of silver big pullback today. It should find support at twenty two ninety two. Like we crew consolidate with inside its daily profile as is natural gas and a 30 year treasury likely going to go target the highs from during the first up one twenty nine sixty folks. They tune for the trader's edge show. But if you have to start your Tuesday please have a terrific one. We'll look forward to speaking with you again soon. Take care.