It's still just a low pressure system, but the potential for 'Alex' remains.
The National Hurricane Centre in Florida continues to keep a close eye on the system out in the Atlantic. Officials say there is now about a 30 percent chance for the system to develop into a tropical depression over the next 48 hours. That's down from the 60 percent chance on Monday.
The National Hurricane Centre says unless the system gains a lot of strength on Tuesday, the chance for 'Alex' is looking bleak.
But if this does indeed form into Tropical Storm Alex, it will be the first named hurricane of the season and the earliest hurricane for this time of year since the 1930's.
Last year, the first hurricane of the season wasn't until August 11, when Ana grazed the eastern Caribbean Islands.
This year's hurricane season officially began on June 1 and forecasters are predicting an active season. As many as 23 named storms are possible.
Are you prepared if a hurricane strikes? The Weather Network's Shelley Steeves has the details on how to protect yourself when storms roll into Atlantic Canada.
With files from NOAA.