The analysis begins with a review of SPY, noting its current bullish trend and highlighting 664.84 as a key support. The target is identified to be 677.95. Transitioning to the bond market with TMF, where the most important key level is at 88, projecting a target price of 92.65. The presentation then shifts to Nvidia (NVDA), emphasizing its break above 178, projecting a continued climb towards 194.98, while also warning of a potential bull trap and downward revision if Nvidia falls to 160 and subsequently to 150. The final assessment shifts to the QQQ, showing a potential new all-time high for the next quarter, however, there could be a likely retest around 591.75, with a target of 604.33 to 605. The analyst emphasizes that TMF needs to stay above 88, otherwise, it invalidates the analysis.