QQQ Analysis by @thestockschannel

The analysis begins with QQQ, noting the presence of PCE data tomorrow. It highlights a previous range around $522 in December 2024, and the market struggling to break out until February and March. Currently, QQQ is back in this range. Even with an upward movement, this price is not a great deal, suggesting a potential range-trading market through June, forming a bull flag with limited directional movement. Expects digestion of the V-shaped recovery, resulting in sideways action. The analysis for SPY mirrors this assessment, identifying resistance around $590-$596. A bullish scenario requires holding above $576 or $582, with a potential upside target of $604. The BTCUSD analysis indicates a bearish breakdown below $107,000, targeting $102,000, suggesting risk-off sentiment and a possible consolidation phase. Overall, the video suggests a cautious outlook for June.