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
____________________________________________________
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

_____________________________________________________
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.
