The Trust Layer for Market Analysts

The analysis focuses on SPY and QQQ, identifying key support and resistance levels. For SPY, a bullish outlook is maintained as long as it stays above the trendline and key levels, targeting higher highs up to 700. A break below 675.50 would invalidate the bullish sentiment. For QQQ, a bearish outlook is presented due to a double bottom pattern and trading below a key trendline, with a target of 590. Failure to break above 626.37 indicates continued bearish pressure. Bitcoin is showing significant bearish weakness after breaking below a key trendline, with targets around 86,500 and 80,500. There's a strong support at the 66,000 to 66,500 area for SPY, and the 59,000 to 60,000 area for QQQ.