BTC, SPY, QQQ, SOFI& GLD Welcome Great Booming Here!
Hello everyone! Today i want to share some technical analysis with you!
1
$SPDR S&P 500 ETF Trust(SPY)$ This is alarming:
The delinquency rate on consumer loans has climbed to 2.74%, the highest in over a decade.
Meanwhile, the stock market continues to hit new highs, widening the gap as wealth grows at the top, and the average consumer struggles to keep up with their debt.
2.
$SPDR Gold Shares(GLD)$ GOLD RUSH 🥇
The five largest BRICS nations have amassed their largest gold stockpiles in history.
Despite recent declines in bond prices & a surging U.S. dollar—both historically bearish for gold—prices are at ATHs, up +29% YTD.
Gold is trading like a crisis is coming.
3.
$Bitcoin(BTC.USD.HKCC)$ This one's for all the marbles. 🍿
4.
$Invesco QQQ(QQQ)$ Cybersecurity is a lock heading into the election 🔒
With rising cyber threats & increased government spending on security, demand for robust solutions will only grow
On technical side, we have a massive C&H setup against the 2021 highs
Similar to QQQ before the big boom 💥
5.
$SoFi Technologies Inc.(SOFI)$ 52-week high magnet mode engaged. 🧲
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