 headline news update good afternoon folks Steve Rhodes coming to you live from the very sunny shores of Delray Beach Florida this is your 1 p.m. update and a slightly mixed bag out here the only US industry that we track trading the upside are the Dow transports are of 68 points that's about four tenths or percent to the upside otherwise you've got the Dow down 20 that's basically flat the S&P's off 20 that's not flat that's four tenths of a percent to the downside and the NDX 100 one and a quarter percent 207 points that is leading the charge to the downside you've got gold off 21 bucks silver 89 pennies trading out at 2340 lights recruit us up about two bucks she's trading at 78 70 let's go take a look at our nine panel market update chart out here as we begin by looking at the ESMD we can see that prices testing the bottom of its daily profile that's a new profile that formed yesterday can't recall where those profile levels were but the ones that we have right now are solid that says 46 5850 we're trading at 4660 right now if there's a close below 46 5850 that's a suggestion on a daily basis of a change in trend we have to go take a look at the weekly charts to see where those profile levels are we'll do that during the regular traders ed show but price right now sit into support spot follow techniques well above its 50 day X minutes moving average that would be at 1776 and it's printing right now at 2046 you've got the NASDAQ it is pulled back to test the support area of its bullish structured profile it to generate a new profile yesterday and the support levels between 16 055 and 16 134 so as we speak right now 101 in the afternoon the ESMD and the NQ are sitting at support granted the NQ has further support down below but this is a bullish structured profile we've got both buyers and sellers at the center of that profile so we have two of these indices sitting at support right now the US dollar index formed a TD 9 count top yesterday unless price close above 96 56 we should see a pullback that pullback the first pullback would only be to the top of the daily profile that formed a couple days ago 96 0 2 you've got gold sitting at the center of the bullish structured weekly profile so it is in a potential level of support not the case with regard to silver silver to have to get down to 2284 2288 in order to generate that message like we'd crude it's gotten a to be equal cd to the downside brand new bear structured profile countertrend rally in this should take price up to where it's at right now 78 90 to 80 9 that is the bear structured area now that's a new profile attempting to form one of confirmation on it until this evening on natural gas it still maintains it's by the d-point and a 30-year treasury sitting at support the top of the monthly profile 159 12 folks stay tuned for the Trader's Ed show but if you're off to start your Tuesday thanks much for joining us have a terrific one and we'll look forward to seeing you again soon take care