What John Howell said in this video:
- Othernegative for stocksshort-termThe host sees gold making new yearly lows and the lower-high structure intact, while many remain bullish but are fighting a clear downtrend.Source
- Othernegative for stocksshort-termThe host notes silver is down very sharply for the year and remains in the same lower-high downtrend, like gold.Source
- DIAneutralshort-termThe host sees the Dow holding in a sideways range and says a new up leg could start only if it breaks above the current level.Source
- QQQneutralshort-termThe host describes the Nasdaq as building energy in a sideways phase, with another up leg likely only if it holds and breaks out.Source
- SPYneutralshort-termThe host says the S&P 500 is also in an energy-building phase, but he is not calling the breakout yet and wants to wait for confirmation.Source