What John Howell said in this video:
- XLEbearishmid-termThe host says XLE has formed a channel with sideways consolidation inside it; if a large breakdown bar confirms, he expects a month-plus move lower.Source
- OtherneutralThe host says gold's big move is done — he traded it from early last year and views current buyers as chasing the final move.Source
- Oil & Energynegative for stocksmid-termThe host sees oil having broken long-term support and now consolidating; a confirmed large breakdown bar could send it toward the $30 area, roughly a 50% drop.Source