 update. Good afternoon, folks. Steve Rhodes coming to you live from the shores of sunny Delray Beach, Florida. This year, a 2 p.m. update, and currently we have all the U.S. and C's trading to the downside. Dow's off 535, 1.5%, S&P 99 points, 2.3 tens, Nasdaq 100, 400 points, 3%. Russell's down 1.5% or 30 points, some eyes off 88, 3% out there, gold's up 19 bucks, silver down 10 cents, slights, recruit up 11 pennies, 105, 46 is the print there, and the third year treasury, trade out at 140, 15. Now, I need to do one thing here before we go take a look at our industry charts. The last question that came in from Nicholas was with regard to the SMHs, and he's looking to take a long position, and he was asking me a question about an A to B equal CD to the downside. Now, I've got the A to B equal CD to the downside pattern drawn in here on our weekly timeframe, and this would suggest as long as price remains below 237.32, even though it's on light volume, that what the SMHs want to do is go target 202.92. However, in order for that to happen, price has to close below the low of three days ago. The low of three days ago, April 27th was 225.80, and the reason is because what took place yesterday was a confirmed three drive to a bottom pattern, and it's perfect. When I say it's perfect, the distance between the first drive, which was in the trading day here of January 28th to the second drive to the downside, which was March the 14th, and now we've got that third drive, and this is equal in time. You get the bullish reversal cam, but that is a three river morning star. So I had mentioned to Nicholas that if you want to take a long trade, that the bottom of the profile would be the ideal spot, and that's at 228.55. You don't have to risk much because you would close out this trade if you got a close below April 27th, because that's a 225.80 level, and if you get a close below that, then this A to B equal CD to the downside pattern comes back into play, but you've got a daily three drive to a bottom, and in fact, you've got that same pattern here on the semiconductor index charge. We'll go over to our indices out, and that's your bottom left. I don't have the three drive drawn in here, but it's the same thing that we just looked at inside of the ETF. With regard to the Dow yesterday, this completed a, well, it's still below its red oscillator and change line, the Dow, the S&P, the NASDAQ, the Russell 2000, and as long as those conditions remain, same thing here in the semiconductor index, which is the reason to wait for price to maybe pull back that support level of 228.55 out there. When you blow a red oscillator and change line, that tells us we have a falling price oscillator below zero. Those are bearish conditions. Folks, stay tuned. Your favorite polar bear is up next. David White, I'll see you on Magnificent Monday. Have a fantastic weekend. Take care.