What John Howell said in this video:
- SPYneutralshort-termThe S&P 500 is in an energy-building phase and a big move is imminent, but direction is uncertain: a breakout means a strong upside move, while a break below 7,600 targets around 7,300.Source
- QQQbearishshort-termThe Nasdaq looks more bearish than the S&P because it has already printed a false breakout; a breakdown here would trigger a strong downside move.Source
- IWMbearishshort-termThe Russell 2000 made a lower low and the current rally is not trustworthy; a rally that stalls and rolls over in the watched zone would be quite bearish.Source
- DIAbearishshort-termThe Dow has rallied into a holding zone; a break of the nearby low in the coming days would trigger follow-through downside and drag the whole market down.Source
- Othernegative for stocksmid-termSilver's bull market is over with lower highs and lower lows; from around 53, a break below 50 likely sends it down toward the 40 level.Source
- Othernegative for stocksmid-termGold is forming a massive round top and is about to get crushed; breaking 4,000 opens the way to a minimum target of 3,500.Source
- Otherneutrallong-termThe mining stocks bull market is over and the sector is untradeable chop; he expects at least another year of sideways action with the next big upside move possibly in 2028.Source
- Oil & Energypositive for stocksmid-termOil keeps printing higher lows in a strong uptrend and is likely to break above its recent high for another leg up.Source