 Good afternoon folks Steve Rhodes coming July from the shores of sunny Delray Beach Florida this year 1 p.m. Update and currently have all the U.S. Indices trading to the downside a sea of red out there the Dow off 267 points about eight tenths of a cent the S&P one and seven tenths or 70 points NASDAQ nearly three percent 346 points there to an app for the Russell four to three points some eyes off two and seven tenths or 77 points out there gold straight out 1865 that's up nearly 18 bucks and silver 2207 is a print that's 35 cents that's 1.6 percent to the upside like to recruit is up a buck natural gas is up kind of flat out there trade out at 8,074 cents in a 30-year treasury is up almost two points 142.09 is the print there let's go see what these numbers mean by take a look at our nine panel market update chart we begin by take a look at the ES mini price right now is testing support that is the bottom of its daily profile that profile level is a drumroll please that is at the 38.99 level basically we're trading at 38.98 and so you've got support there now you've got the spot politics still above its 50 day exponential moving average that is always troublesome for the S&P 500 or in this case here the yes many the 50-day exponential moving average at 27.56 so long as price remains above that it'll be rough seas ahead the end queue is trading below the bottom of its daily profile trading into the May 12 swing point which it tested and rejected last Friday it's testing that swing point the Friday swing point out there that's really kind of the new all measurement and that low out there would be 11491 US dollar index is now trading below its weekly bottom of its profile of course as I said weekly that means Tuesday is not the end of the week but Friday is but if price remains below this level this level is 102.13 pressure go target that rising trend line rising trend line this week would be or about the 100.78 ish area you've got gold trading higher running into resistance to potential resistance levels top of its profile that area is marked at 1872 which will also line up with a descending trend line so gold getting ready to trade in the resistance over also trading a potential resistance and that is the center of its bear structured weekly profile that's at 2226 if price can clear that then we're looking to move to the 2288 level like to recruit trade and hire but it is still deal with some trend line resistance natural gas made it way back to it's a swing point that was a roadsman to mitigate or top that was at 9.05 that's the level price must close them up to negate that sell signal folks stay tuned for the trader said show but if you're off to start Tuesday have a terrific one please