07 Jul
07Jul

🟢 SPY (S&P 500 ETF)

  • Trend: Strong bullish momentum
  • Indicators:
    • ✅ Golden Cross confirmed (50 > 200 MA)
    • ✅ All short- to long-term MAs flashing “buy”
    • ⚠️ RSI 75–78 = Overbought
    • 📉 Low volatility climb = Risk of grind or minor pullback

🦁 Bias:BULLISH, but overbought

A minor dip or range-bound action is possible. Use defined-risk setups.💡 Options Trade Setup:

Bull Call Spread

  • Buy Aug $630 Call
  • Sell Aug $650 Call
    🎯 Ride the trend toward new ATHs with capped downside.

⚖️ USO (Crude Oil ETF)

  • Trend: Pullback within broader uptrend
  • Indicators:
    • ⚠️ Short-term cooling
    • 📉 MACD mixed, RSI neutral
    • 🟢 Larger trend intact

🦁 Bias:BULLISH (mid-term)

Healthy flag after recent rally. Reentry levels may be forming.💡 Options Trade Setup:

Bull Call Spread

  • Buy Sep $75 Call
  • Sell Sep $80 Call
    🎯 Targets breakout continuation into September energy cycle.

🟡 GLD (Gold ETF)

  • Trend: Consolidation within long-term bullish trend
  • Indicators:
    • 📊 MACD flattening
    • 📉 RSI ~50 = Neutral
    • ⚖️ Price near mid-Bollinger

🦁 Bias:NEUTRAL short-term / BULLISH long-term

Gold remains a macro hedge — Fed policy & geopolitics still supportive.💡 Options Trade Setup:

Iron Condor (Range Strategy) – 6 weeks out

  • Sell 1 GLD $315 Call
  • Buy 1 GLD $320 Call
  • Sell 1 GLD $295 Put
  • Buy 1 GLD $290 Put
    🎯 Profit from range-bound action while positioning for long-term bullish exposure.

💰 Bitcoin (BTC)

  • Structure: Bullish flag after breakout
  • Momentum: Holding support, trend intact
  • Catalyst: ETF inflows, institutional positioning

🦁 Bias:BULLISH

Break above $110K would trigger a measured move toward $125K–130K. Flag = launchpad.


🧬 XRP

  • Structure: Macro wedge with bullish bias
  • Momentum: Overbought short-term, but macro structure firm
  • Signal: Stochastic RSI flashing caution

🦁 Bias:NEUTRAL/BULLISH

Still a breakout candidate. A clean push above $2.50 could trigger fast acceleration toward $3.00+. Watch for cooling or fakeout.

Comments
* The email will not be published on the website.