What John Howell said in this video:
- SPYneutralmid-termThe host believes the S&P 500 (SPY) is in a Gann time/energy-building phase, having moved sideways for nearly three months and gone nowhere, which is building energy for the next big move. He expects a breakout or breakdown very soon, likely over the next few weeks, but explicitly says he does not know whether it will be to the upside or downside, so the stance is neutral.Source
- Othernegative for stocksshort-termThe host believes silver is also in a very big downward trend with nothing changed, and he expects silver to drop to around $40.Source
- Othernegative for stocksshort-termThe host believes gold remains in a very big downward trend, with the chart showing price is about to break the $4,000 level, and the next support is around $3,500. He expects gold to get hit pretty hard and continue falling.Source