What John Howell said in this video:
- SPYbearishshort-termThe host expects the S&P 500 to roll over toward a lower support level first before staging a good rebound from there.Source
- SPYbullishlong-termDespite the short-term dip view, the host stresses the market remains in a strong trending environment and he would not want to be short.Source
- IWMbearishshort-termThe host sees the Russell rally as a likely lower high that sets up a big downside correction; he is not buying the current move.Source
- QQQbearishshort-termThe host says the Nasdaq made a false breakout and reversal, and he repeatedly expects the pattern to break down into a nice move to the downside.Source
- DIAbearishshort-termThe host flags the Dow holding at the 50% Fibonacci level as do-or-die; a rollover there confirms a lower high and further downside.Source