10 Jul
10Jul

🟥 SPY (S&P 500 ETF)

  • Bollinger Bands: Price hugging upper band → potential short-term exhaustion
  • MACD: Still bullish but flattening → momentum divergence forming
  • Volume: Declining while price rises → classic bearish divergence

🦁 Bias:NEUTRAL to SHORT-TERM BEARISH

Price stretched, momentum weakening — risk of pullback increasing.💡 Trade Idea:

Bear Put Spread

  • Buy SPY $620 Put
  • Sell SPY $600 Put
  • Expiration: 3–4 weeks
    🎯 Risk-managed setup for expected short-term weakness.

🟠 USO (Crude Oil ETF)

  • Bollinger Bands: Pulled back from upper band → healthy consolidation
  • MACD: Bullish, but histogram is fading
  • Price Action: Sideways retrace after breakout

🦁 Bias:SHORT-TERM BULLISH

Structure remains strong; could resume upward trend soon.💡 Trade Idea:

Bull Call Spread

  • Buy USO $78 Call
  • Sell USO $84 Call
  • Expiration: 3–5 weeks
    🎯 Capture next leg up while keeping risk defined.

🟡 GLD (Gold ETF)

  • Bollinger Bands: Narrowing, price drifting lower
  • MACD: Bearish crossover confirmed
  • Volume: Weak → no buying conviction yet

🦁 Bias:NEUTRAL TO BEARISH

Gold looks like it’s in a quiet drift with bearish lean.💡 Trade Idea:

Bear Put Spread

  • Buy GLD $305 Put
  • Sell GLD $295 Put
  • Expiration: 3–4 weeks
    🎯 Targeting a gradual move lower in gold.

💰 Bitcoin (BTC)

  • Structure: Higher highs, higher lows → bullish stair-step
  • Volume: Normalized → healthy support
  • Momentum: Holding well despite consolidation

🦁 Bias:BULLISH

No signs of weakness — trend remains clean and supported.


🧊 XRP

  • Structure: Tight range = accumulation zone
  • Volume & Behavior: Suggests institutional buildup

🦁 Bias:BULLISH (Cautiously)

Holding structure well; breakout potential building.

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