Danny Naz: Monthly charts show continuing strength in SPY, QQQ, and IWM

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31.05.2026

Danny Naz: Monthly charts show continuing strength in SPY, QQQ, and IWM — SPY, QQQ, IWM display strong trends

Danny Naz shares an update on monthly charts for several major assets, including SPY, QQQ, IWM, Bitcoin, and GLD. According to Danny Naz, SPY remains on a strong trend above the monthly cloud, while QQQ continues to lead with ongoing momentum. IWM is showing renewed strength in small caps. Bitcoin is holding support but requires a reclaim, and GLD is also mentioned in the charts update.

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Danny Naz has recently commented on notable options activity, highlighting that TSLA 435C call options for June 5 moved into the money during after-hours trading. He has also provided updates on technical moves in individual stocks, stating that ARM’s extended wave 5 of 3 may not be complete. These posts reflect Naz’s ongoing focus on chart patterns and short-term asset moves.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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