What John Howell said in this video:
- QQQbearishshort-termThe host sees a false upside breakout on the Nasdaq and expects continued downside, for a total correction of about 10–15%.Source
- SPYbearishshort-termThe host sees the S&P 500 breaking down with strong selling over the next couple of weeks, followed by a potential slingshot move higher.Source
- IWMbearishshort-termThe host says the Russell's correction is underway; any short-term rally will be short-lived before further selling pressure.Source
- DIAbearishshort-termThe host sees the Dow's short-term rally failing at the 50% Fibonacci level and expects another leg down.Source
- Market Breadthpositive for stocksmid-termThe host urges calm, framing the current correction as short-term and expecting a large slingshot rally afterward.Source