Weekend Report for Monday, December 22, 2025

Bottom Line:

The DOW, NYA, RSP, RUT and Bitcoin (BTC has certainly become a “risk asset”) are all in tight, mature Balance Areas. This highly suggests a sharp break is imminent in the US stock indices. 

The SPX and NDX are between critical areas.

Trading volume is likely to be very light next week but this is a market condition conducive for volatility.

Levels are well-defined.

PDF: Weekend Report_2025_12_21
VIDEO: https://youtu.be/roIeAAO2FMg

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SPX

Upper KRA: 6853-6874
Lower KRA: 6792-6775

 

NDX

Upper KRA: 25579-25738
Lower KRA: 25126-25016

DOW

Upper KRA: 48464
Lower KRA: 47835

NYA

Upper KRA: 22113
Lower KRA: 21684-21614

RSP

Upper KRA: 194
Lower KRA: 191

RUT

Upper KRA: 2541
Lower KRA: 2504

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US Dollar – Weekly

The Dollar has broken its uptrend.

US 10-yr Notes – Weekly

Notes are in a similar position as the US Dollar.

Gold

Gold continues to trade higher in persistent stair-step trade.

Crude – Weekly

Weekly lower lows and highs.

Bitcoin

Bitcoin is in a mulit-week Balance Area just above a major weekly level.