Weekend Report for Monday, January 12, 2026
Bottom Line:
From last weekend’s Report:
Nothing has occurred to suggest the bull market is over or even at a significant top. Next week volume will return and we should be able to draw higher probability assessments about where the individual indices may be headed.
No change. If anything the case for more immediate upside is even stronger. The initial signal the current rally is even pausing is if the indices close below the most recent trade day low. Currently that is Friday.
CPI is reported Tuesday at 8:30. That will almost certainly bring in volatility. We will reassess Tuesday evening.
PDF: Weekend Report_2026_01_12
VIDEO: https://youtu.be/Vj8rZCjEpRY
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NYSE Cumulative Advance/Decline Line
Another ATH.
SPX
SPX Profile
NDX
NDX Profile
DOW
NYA
RSP
RUT
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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 has been a text book study in Auction Market price action.
Crude – Weekly
Crude is going to move REALLY sharply, soon.
Bitcoin
Bitcoin is in a muti-week Balance Area. It is testing its potential breakout level.
