SPY Analysis by @thestockschannel

The analysis begins with Bitcoin, noting it has hit its previous price target of 118000 and exceeded it, reaching 122000. New price targets are given above 118000: 122000, 126000, and 134000. It cautions that the market has been bullish since April but is cautiously bullish now. A critical level is identified between 118000 and 120000, which could lead to corrections. For SPY, the analysis revisits its previous target of 627, which it hit on both Tuesday and today. A key level is 627, suggesting the market may not immediately break through, but if it does, the bull trend will continue to 645. Should SPY reject 627, it could fall to break supports at 617 and 613, requiring caution. For QQQ, the price target is between 561 and 563 and it has been hit today and, if QQQ rejects 563 and then comes down and breaks below 550, a pullback to 530 or 520 is possible. If Triple Q breaks out above 562, that would mean going to 580.