What John Howell said in this video:
- DIAbullishlong-termHe applies the same read to the Dow: the pullback after the high is a normal correction, and a trend stays in effect until a definite reversal signal appears.Source
- SPYbullishlong-termThe host argues the decline around the Iran-war headlines was a normal healthy pullback within a larger bull trend on the weekly chart, after which the market continues higher.Source
- Otherpositive for stockslong-termHe notes silver is doing the exact same thing as gold — resting after a big move within the same phase structure, with another big move expected afterward.Source
- Otherpositive for stockslong-termRepeated many times: gold is in a resting, energy-building phase after the third stair step on the weekly chart, likely lasting 6-12 months total before another big move higher.Source