 T.F. Update Good afternoon folks Steve Rhodes coming to you live from the shores of sunny Delray Beach, Florida This is your 1 p.m. Update and currently all the US entities trading to the downside the Dow off by 250 points S&P 29 NASDAQ 157 Russell's down 31 some eyes are off 22 trainees are down 67 You've got gold trading up $2 and 30 cents at 1763 Silver's off six pennies. She's trained out at 2255 lights We crude off a buck 37 natural gas down 62 pennies. That is a 10% move to the downside Let's go take a look at our nine panel market update chart We begin by take a look at the ES mini upper left hand side You've got a new profile that again is attempting to form We've had those new profiles attempting to form over the last three days again. We will not get tracked We will not get a confirmation of this profile until this evening The profile itself gives us inside the ES mini gives us support at the level 42 81 and resistance at 43 87 The real key level out here to watch today is gonna be 42 93 75 if we get a close below that it'll negate It's a currently by pattern spot follow till next is basically flat out here train out at 23 bucks That doesn't matter. It is still above its 50 day exponential moving average always dangerous for the S&P 500 Why because that is when you could see a major pull to the downside the NQ out here The NQ is also attempting to form a new bullish structure daily profile. The support there is 14 470 resistance 14 986 US dollar index moving higher as is gold just slightly If we take a look at silver just trading it within it's a weekly profile brand new weekly profile But it's in structure that is formed there So real good supporters should be good support at 21 76 like we've crude Has a TD 9 count top it also has a A to B equal CD the 1.272 expansion where it's got to so right now The current candle session is going to be a key reversal bar And it's going to be a bearish and golfing candle that suggests that we should expect or anticipate that lights We cruel pull back and test the top of that profile. That is 75 94 if it gets below that you're looking to run the 7303 7376 a natural gas has a cell the D point pattern as well So you should anticipate that price will go ahead and pull back to 538 if it closed below 538 Then you're looking at 492 to 507 and a 30-year treasury stubborn like a bowl Just doesn't want to give up the bottom of that bullish structured weekly profile out there And that's at the level of 150 908 folks stay tuned for the trader's intro But if you're off to start your Wednesday, we want you to have a wonderful one Thanks much for joining us and have a great day