What John Howell said in this video:
- Otherneutralshort-termThe host notes a short-term rally in the market but says it is a dangerous time; no explicit direction is given, only elevated risk after the bounce.Source
- DIAbearishshort-termThe Dow shows lower lows and a weak bounce; the host expects any rally to fail around a 50% retracement area and then resume lower with more downside ahead.Source
- SPYbearishshort-termThe S&P 500 shows a false breakout and a shift to the downside on lower timeframes; the host expects the short-term rally to falter and the index to roll back down.Source
- QQQbearishshort-termThe Nasdaq had a false breakout that failed and broke down; the host sees it as weak and expects more downside in the short term.Source
- QQQbullishlong-termOn the weekly chart the Nasdaq remains in an uptrend with higher lows; the host views the current drop as only a short-term correction and a great buying opportunity.Source
- IWMbearishshort-termThe Russell 2000 bounced off a target but remains in a strong downtrend; the host expects more weakness over at least the next couple of weeks.Source
- Othernegative for stocksmid-termGold shows a massive head and shoulders top on the weekly chart; the host says the bull market is over and gold is about to be crushed, with a measured downside projection around the 3000 level.Source
- Othernegative for stocksshort-termSilver is making lower highs; the host expects it to break the 55 level and drop toward the low $40 level, looking very weak.Source