📈 S&P 500 ETF / SPY (Ticker: $SPY)
- Trend: Price near upper Bollinger Band, fading momentum.
- MACD: Bearish crossover forming – early sign of trend stall.
- RSI: ~65 – Elevated but not extreme.
- Volume: Flat = weak conviction behind recent highs.
- Resistance Zone: $610–$615 remains tough.
📊 Call: ⚠️ Neutral, leaning Bearish (short-term)
SPY is showing fatigue – could revisit 20-day MA.💡 Trade Setup:
- Bearish Pullback Play: Buy $SPY 610/590 Put Spread (July expiry).
🛢️ US Oil Fund / USO (Ticker: $USO)
- Trend: Breakout above $76 with confirmation volume.
- MACD: Explosive bullish crossover.
- RSI: ~80 – Overbought but trend-confirming.
- Bollinger Bands: Riding upper band strongly.
📊 Call: ✅ BULLISH – Strong follow-through expected.💡 Trade Setup:
- Momentum Play: Buy $USO 80/85 Call Spread (July expiry).
🪙 Gold ETF / GLD (Ticker: $GLD)
- Trend: Sideways consolidation between $300–$315.
- MACD: Flat, no strong trend.
- RSI: ~55 – Neutral.
- Volume: Rising slowly – signs of quiet accumulation.
📊 Call: 🟨 Neutral, leaning Bullish (medium-term)
Coiling action could break higher on macro triggers.💡 Trade Setups:
- Breakout Play: Buy $GLD 315 August Calls if breakout above $315 occurs with volume.
- Sideways Income: Sell $GLD 300 Puts (July) for premium while waiting.
₿ Bitcoin / BTC (Ticker: $BTCUSD)
- Trend: Steady uptrend intact – higher highs and higher lows.
- Structure: Bullish and orderly – accumulation phase remains in control.
📊 Call: ✅ BULLISH (Long-Term)
Expect minor consolidation but no structural weakness.
🔗 XRP / Ripple (Ticker: $XRPUSD)
- Trend: Sideways consolidation after major rally.
- Structure: Coiling phase underway – not bearish.
📊 Call: 🟨 Neutral to Bullish
Base building continues – next breakout could be significant if $2.80–$3.00 clears.