I see (2) clues on the charts tonight: a strong move and a range. Put them together, and this Bear Trap could be one of our biggest wins of the week!

Dow Futures (YM) has surged to a new all-time high, reinforcing the prevailing bullish trend. The cycle from the April 2025 low remains active and is unfolding as a five-wave impulsive structure.

Silver (XAG/USD) is seen consolidating its strong gains registered over the past four days and oscillating in a range during the Asian session on Thursday.

In this video, Ira Epstein covers the financial market developments for November 12, 2025, highlighting significant events such as the anticipated U.S. House of Representatives vote on reopening the government and its implications.