 news update. Good afternoon, folks. Steve Rhodes coming to you live from the shores of sunny Delray Beach, Florida. This is your 2 p.m. update and currently have all of the US indices trading to the upside. Oh, I grabbed the wrong chart. Sorry about that. Well, I'm just going to tell you what the indices are doing. Oh, no, let me, uh, let's do this the right way. Give me a moment here. Give me to change the window that quickly. Um, this way, you guys will see exactly what's going on. So right now we've got the Dow trading up to 623 points out there. That's nearly 2% to the upside. The S&P is two and a half percent to the upside. She's trading out of 42 73. That's up 103 points. You've got the Nasdaq 100 up 435 or three and two eights, 10% to the upside. You've got the Russell up two and a half percent or 49 points. Summice up a little 4% 128. But what does all that mean? Jelly bean. Let's go take a look at those daily cash indices charts out here. So take a look at the Dow trading out right now at the 33 262 level. That's resistance. It's traded right up into its red oscillator and changeline. That's a level that price would need to close above to say that, okay, more rally to come, not a guarantee, but more rally to come. If you reject red oscillator and changeline, it tells you you're still in the condition. Let me fall in price oscillator, but below zero. Those are bearish conditions. The S&P is sitting slightly above its red oscillator and changeline. The red oscillator and changeline right now is printed out of 42 65. You're 42 74. You want to see it close above 42 65. It's as simple as that. The NDX 100 is above its red oscillator and changeline, which is printed at 13 612. If price can close above that 13 612 area, price likely runs up to its prior swing point level in the 14 3 42 level. The Russell is above its red oscillator and changeline. That print is printed in 1981. You close above that says you get back into that 20 60 is range out there. What is it? It's at the 20 65 range. The semis, they are traded above their red oscillator and changeline at 32 49. That suggests that price could be moving up to the 34 99 level. The transports likely targeting 15 421. That would be with a close above 14 954. If I take a look at the XAU, you've got gold pulling back. It's 56 bucks right now. The XAU, which looks like this will confirm a TD 9 count top, but price is above its green oscillator and changeline. The price of the watch of the XAU for those of you that are long, GDX, nugget or any of the minors is going to be 150 211. You want to see that continue to hold that support. Folks, stay tuned. Your favorite polar bear, David White's up next. Have a wonderful Wednesday. I'll see you back here on XAU.