📊 Professional Market Playbook🗓️ Date: Friday, June 20, 2025 Markets Covered: SPY | USO | GLD | BTC | XRP

♟ SPY (S&P 500 ETF)

Trend: Sideways-to-Weakening

Technical Notes:

• Price hugging the 18-day moving average, slipping slightly.
• MACD: Bearish crossover with flattening slope = weak momentum.
• RSI: Dropping from 65 toward 50, showing loss of strength.

🔹 Call: Neutral to Bearish📊 Trade Idea (Bearish):

Put Debit Spread

Buy SPY 590 Put / Sell SPY 570 Put (2–4 weeks out).

Defined risk structure for downside exposure.

⚡ USO (United States Oil Fund)

Trend: Strongly Bullish

Technical Notes:

• Confirmed breakout above resistance ($78–79).
• MACD: Strong bullish momentum.
• RSI: Above 70 but not extreme.
• Volume: Spike confirms institutional participation.

🔹 Call: Bullish📊 Trade Idea (Bullish):

Call Debit Spread

Buy USO 82 Call / Sell USO 87 Call (1–3 weeks out).

Targets momentum continuation with risk cap.

💰 GLD (Gold ETF)

Trend: Consolidating within an Uptrend

Technical Notes:

• Holding 18-SMA, sideways since May.
• MACD: Flat, trying to cross bullish.
• RSI: Mid-50s = neutral.
• Candles show indecision.

🔹 Call: Bullish with Caution📊 Trade Idea (Speculative Bullish):

Call Butterfly

Buy GLD 315 Call / Sell 2x 320 Calls / Buy 325 Call (balanced risk structure).

💵 Bitcoin (BTC/USD)

Trend: Strong Bullish with Consolidation

Technical Notes:

• Structure suggests a bullish cup & handle.
• No sharp rejection = healthy basing.

🔹 Call: Bullish

📈 XRP (XRP/USD)

Trend: Bullish but Stabilizing

Technical Notes:

• Support holding around $2.00.
• Bull flag or sideways coil in formation.
• Low volatility = breakout or shakeout setup.

🔹 Call: Bullish Bias

Watch the $2.00 level closely. A break below invalidates short-term structure.