Weekend Report for Monday, November 17, 2025
Bottom Line:
The benefit of the doubt has to go with the bull market continuing soon. The bull leg off the April low was extraordinary vertical – historically so. The current retracement volatility is normal and overdue.
Next week’s trade is likely to put in an important low if the bull market is intact.
PDF: Weekend Report_2025_11_17
VIDEO: https://youtu.be/thKR1eoV1bI
__________________________________________________________
SPX
Upper KRA: 6776
Lower KRA: 6645-6630
NDX
Upper KRA: 25385-25523
Lower KRA: 24650-24487
DOW
Upper KRA: 47367-47462
Lower KRA: 46478
NYA
Upper KRA: 21585
Lower KRA: 21337
RSP
Upper KRA: 190
Lower KRA: 187-186
RUT
Upper KRA: 2441-2450
Lower KRA: 2345
No change: VIX has not reached anything resembling extreme.
_________________________________________________________
US Dollar – Weekly
Choppy uptrend…
US 10-yr Notes – Weekly
Notes have established higher highs and lows within the larger range.
Gold
From last weekend’s Update: If the uptrend in Gold is intact the pattern below suggests there is a high probability of rally next week.
Gold is testing the breakout. It should hold near this level under an immediate bullish assumption.
Crude – Weekly
Weekly lower lows and highs.
Bitcoin
