What John Howell said in this video:
- SPYneutralshort-termThe S&P 500 is in a sideways energy-building phase preceding a big move; direction is unstated, but a break below 7600 opens a strong drop toward 7300.Source
- QQQneutralshort-termThe NASDAQ mirrors the S&P's energy-building phase but has already printed a false breakout; a rollover from here would trigger a downside move.Source
- IWMbearishshort-termThe Russell made a lower low and the host does not trust the current rally; if it rallies and fails back down, that would be quite bearish.Source
- DIAneutralshort-termThe Dow has rallied and is holding a key level; a break below it in the coming days would trigger follow-through and drag the whole market down.Source
- Othernegative for stocksmid-termSilver's bull market is over with persistent lower highs and lower lows; once it breaks below 50, the host expects a slide toward the 40 level.Source
- Othernegative for stocksmid-termGold is forming a massive rounded top and is 'about to get crushed'; minimum target is 3500, and breaking 4000 accelerates the decline.Source
- Othernegative for stocksmid-termThe miners' bull market is over too; GDXJ is in an untradeable chop phase and the host has avoided metals and miners all year — a 'do not touch' zone.Source
- Otherpositive for stockslong-termLong term the host sees another big leg up in metals and miners, but only after one to two more years of sideways correction, with 2028 as the next boom.Source