The ohmeter is showing 26 ohms due to the resistance of the bulbs being measured, each having a resistance of 26 ohms. The measurement points are unclear, which complicates understanding the circuit's behavior. Additionally, the fuse has a negligible resistance of 0.3 ohms, which may not significantly affect the overall reading. The mention of "DEMO" suggests that the circuit may be set up for demonstration purposes, potentially influencing the measurements. Understanding the specific configuration and connections in the circuit is crucial for accurate resistance readings.