What John Howell said in this video:
- Market Breadthnegative for stocksshort-termThe host said the indices could be setting up for another downside move, with the S&P 500 and Nasdaq singled out; this is a short-term technical view based on their position near channel levels.Source
- Othernegative for stocksThe host said gold has not yet reached full capitulation and is only around denial or fear, leaving more of the cycle to play out and implying a large drop ahead.Source
- DIAbearishshort-termThe host said the Dow is stuck in a potential head-and-shoulders formation and is holding around 51,000; a break below that level would likely trigger another downside move.Source
- DIAbearishshort-termThe host sees a potential head-and-shoulders in the Dow; a break below 51,000 should trigger another leg down.Source
- QQQbearishshort-termThe Nasdaq sits at the bottom of its channel; the host expects downside if 24,500 breaks.Source
- QQQbearishshort-termThe host said the Nasdaq is at the bottom of its channel after a false breakout and a support bounce; a break below 24,500 would likely lead to another downside move.Source
- SPYbearishshort-termThe S&P 500 rallied off 7,300 support into 7,550 resistance; the host sees a break of 7,300 sending it toward 7,000.Source
- SPYbearishshort-termThe host said the S&P 500's short-term rally hit resistance at 7,550 and a break below 7,300 could send it toward 7,000; he framed this as a brief correction rather than a significant top before the uptrend resumes.Source