 T. F. N. N. headline news update. Good afternoon folks. This is your one P. M. Update. I'm Steve Rhodes coming to you live from sunny Delray Beach, Florida. Currently all the indices with the exception of the transports are in the green. We've got the Dow. She is trading up 39 points right now to 27 731. You've got the S. N. P's up nine points is about three tenths percent. The upside N. D. X up 38 points. Russell's up two. So let's go take a look at the S. N. P. See what it's doing out here. Try to get a feel for it. Actually start with the Dow. So one of the things we can take a look at is on this chart here we have we've got a little rising trend line coming off of the highs in 2018. That was on January 26th and you can do this on your chart as well. And then the highs from October 3rd and that little rising trend line is what really kept price back in the July timeframe of 2019. And so if we take a look at where are we at now. Well this move here that we've got that's underway. Price went ahead and closed above that trend line back on November the 7th. I'm sorry November the 7th. Yeah. So never November the 7th. So that's what the daily time frame chart here for the Dow looks like. Well if it looks like that what does that mean Steve. A couple of things. First let's take a look at the Dow cash in to see out here. And one of the things that you're going to notice is there's an A to B equal CD pattern that's underway. Price has already achieved the one to one level that was 27 7 10. Sometimes 40 percent of the times give or take. We will see the A to B leg expand and we use a Fibonacci expansion of 127 percent or 161 percent. That just means it's 127 percent of the A to B move out there. If that confuses you. Let me just tell you that the next price projection to the upside would be 28 to 45. Now how will we know if price is going to go ahead and make that attempt. Well we take a look at patterns that are out here. There's really two that are in play right now inside the dollars. The A to B equal CD pattern. And this would confirm if we saw some type of bearish reversal candle in lieu of any bearish reversal candle 28 to 45 is a target. Now we can also see that just a few days ago what the current leg that C to D leg of the Dow made it to wave number seven. That's letter number G letter number G. That can't be at top. But if price clears that high out there and that high is 27 7 74. We'll be looking at 28 to 45 is the next move in the Dow's cash indices. Hey folks stay tuned. We'll go through all of the other indices during the next hour. If you're off for the rest of your day have a terrific Tuesday. Now look forward to seeing you soon. Thank you.