Weekly Top Forming? | SPX Below 7300 Signals decline to 6700 | Gold & Silver Setup

The S&P 500 appears to have formed a potential weekly top last week.
Key level:
👉 A daily close below 7,300 would confirm the bearish scenario and signal that a deeper correction may be underway.
The Nasdaq Composite is showing a similar structure, while the Dow Jones Industrial Average continues to hold up better relative to tech-heavy indexes.

📈 Stock Market Outlook

• SPX testing key support near 7,300
• Nasdaq showing weaker momentum
• Dow remains relatively stronger
• Waiting for confirmation of the weekly top

The next few sessions could become very important for the overall market direction.

🥇 Gold & Silver

The strength in Gold and Silver has been stronger than expected.

Because of that:
• The bearish $4,000 gold scenario may no longer be valid
• A weekly low could be completed by early June
• A major buying opportunity may be approaching soon

Precious metals are showing an improving technical structure compared to previous weeks.

🛢 Crude Oil Outlook

West Texas Intermediate appears to be forming an intermediate top.

Outlook:
• Potential weekly low → mid-June
• After the correction, a powerful rally could begin
• Long-term upside target remains near $140

The setup suggests crude may still be in a larger bullish cycle despite near-term volatility.

🔎 Big Picture

• Stock indexes may have completed a weekly top
• SPX below 7,300 would confirm weakness
• Gold & silver improving technically
• Precious metals could offer a major buying opportunity soon
• WTI correction may lead to a parabolic rally later this year

Contents in this video:
…………………………………………………………………………….
00:00 – Introduction
00:10 – S&P 500 #spx price action analysis
01:38 – Nasdaq #ndx price action analysis
02:05 – Dow Jones Industrial Average #us30 price action analysis
03:48 – Gold #gold analysis
05:38 – Silver #silver analysis
07:15 – Crude #wti analysis
09:05 – #bitcoin analysis
…………………………………………………………………………….
I highly recommend watching the two videos below:

1) My Stock Market Forecast for 2025

2) Hidden Signal | QM Patten | Supply and Demand Lesson

3) QM Pattern within the supply and demand area

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