What HJTrades said in this video:
- SPYbullishshort-termSPY had a big up day, flipped its weekly candle, and appears to be pivoting up off the weekly 21-period exponential moving average; the host lists 769.23, 774.44, and 779.37 as upside levels and 763.86, 757.07, and 750.36 as downside levels.Source
- DIAbullishmid-termThe host mentions DIA twice and expects it to push into new all-time highs over the coming weeks, a bullish call on the Dow ETF.Source
- IWMbullishshort-termIWM is basing above the 200-day moving average and needs to clear the weekly 21-period exponential moving average with the cloud flipping green; the host assumes it will then push back up into highs, while saying this week or next will tell.Source
- Market Breadthpositive for stocksThe host says money is rotating out of chip stocks and the artificial-intelligence trade back into mega-cap technology names, so the magnificent seven may resume market leadership, without a price or timeframe.Source
- SMHbullishshort-termUsing 2022 and 2025 analogues, the host expects SMH to bounce 12% to 16% if it first drops into the 485-495 zone, potentially returning toward 550; he hedges that history need not repeat exactly but assumes it will rhyme.Source
- Othernegative for stocksThe host says the volatility index looks ready to take out its low and then come down to a new low, but gives no numeric level or timeframe.Source
- GeopoliticsneutralThe host complains that political and Iran-related headlines cause gap ups or gap downs in the market every other day, says a war against Iran will not be won, and notes any real effect is months away; he gives no market direction.Source