 news update. Good afternoon folks Steve Rhodes coming to you live from the shores of sunny delray Beach, Florida. This is your one p.m. update because we've got most of the U.S. industry trading to the upside. That's up 400 points. Which one is it? It's the Dow Transports are down 29 points. I think that's mostly because of FedEx has moved to the downside. The S&P is up 47 NASDAQ 133 the Russell's up 34 points. That's nearly one in six tenths percent to the upside. Let's go take a look at our nine panel market update chart out here. You know, before we begin with this, let me just share with you what I believe is going on. We've got the Fed coming out at two o'clock. They've pushed markets right to the level where this could break to either side. So here is a 60 minute time frame chart for the ES mini. These green horizontal lines. They are the TD nine breakdown levels. That's where any rally should fail. So if we take a look at what has transpired so far this great this day, the numbers are great, you know, as far as but really it's about understanding where support and resistances and these are not like Stevie just drew these in. These are based upon the TD nine count of tools and system and you really should want to learn this. So we're right now price gets right up to that level and this is really where the rally should end. And now, of course, if this is going to turn into a bearish market, I mean, directly speaking with a continued retracement into the middle of October or so, then we'll see 43 23 25 and 42 93 75. Go ahead and fail. So it is really the 60 minute time frame of all the four futures contracts. It is this time frame that is providing us with the best signals. And what we can see is live here at one oh one in the afternoon. We can see how price got up to that level. Sure, it closed just above it. But you know Stevie's rule of having two days above the top of that breakdown level or a resistance area and we didn't get that. So that's what's going on inside the market. So we're not really going to get a chance here to get to all of these charts. We'll do that during the Traders Ed show. But here we can see the ES mini. What we know is there's no change in trend. Now a change in trend will only take place when we see a close below the bottom of a weekly profile. And on the ES mini, that's at 43 12. And on the end queue, that's at 14 802. I see the end queue is trying to form a new profile as is the ES. We'll talk about that during the Traders Ed show. But those profiles will not be confirmed until the CD folks. If you're off to start your Wednesday, have a wonderful one. Thanks so much for joining us. And we'll see in a few.