11/22/2025
Thee three major indexes have similar patterns.
Here is the 30 minute DOW chart. I am on my computer at at school and it is not storing the chart, will post chart later today. Here are comments.
RSI and PMO have strong peaks at the Nov 12 high, the wave two rebound is not near that strong which is as it should be. Wave 2 is sideways prior to a larger wave three down. The sideways action means we can expect an alternate strong wave four up,once wave three ends. Given the 2,400 point drop ove wave one, three should be considerably stronger. 2400 x 1.618 = 3,882 is a possibility.
T bonds are still unclear, but yields remain above the 3.94% low in the ten year.
Gold and silver may rebound with stocks this next week.
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