Following a strong advance in 2025, Nasdaq-100 futures have entered a consolidation phase, marked by lower highs and higher lows, representing a pause in momentum as the market awaits a new catalyst. Crude oil has broken decisively below a multiyear descending triangle, a pattern that had contained prices since the 2022 peak. The breakdown signals a loss of long-term support and reinforces the prevailing downtrend. Despite strong gains in both gold and silver, the gold-silver ratio has fallen sharply, reaching levels last seen in 2012, which coincide with a major long-term support zone. A failure to break ... (full story)