🧠 Professional Market Playbook📅 Date: Thursday, June 5, 2025 Markets Covered: SPY | USO | GLD | BTC | XRP

🔹 SPY (S&P 500 ETF)

Call: ✅ BULLISH – Strong Uptrend, Still Room to Run

→ Trend: Higher highs + higher lows = textbook bullish

→ Bollinger Bands: Hugging upper band → momentum extended but intact

→ 9 & 18 SMA: Clear bullish crossover, strong alignment

→ MACD: Positive but flattening → monitor for momentum fade

→ RSI: ~64 → elevated but not overbought

→ Volume: Low on consolidation → lack of sellers, not reversal→ 📈 Trade Idea (Bull Call Spread):

• Buy: SPY $600 Call
• Sell: SPY $610 Call
• Expiry: June
• Thesis: Ride continued upside with defined risk

🔹 USO (United States Oil Fund)

Call: ⚖️ NEUTRAL-to-BULLISH – Coiling for Possible Breakout

→ Trend: Consolidation inside broader downtrend

→ Bollinger Bands: Tight and horizontal = breakout tension

→ 9 & 18 SMA: Fresh bullish cross

→ MACD: Fresh bullish crossover

→ RSI: ~53 = neutral but with upside potential

→ Volume: Slight accumulation uptick→ 📈 Trade Idea:

• Conservative Play: Begin stock accumulation
• Directional Play: Buy July $70 Call (low premium, potential breakout runner)

🔹 GLD (Gold ETF)

Call: ✅ BULLISH – Resuming Uptrend After Consolidation

→ Trend: Strong and steady bullish

→ Bollinger Bands: Riding upper band again

→ 9 & 18 SMA: Still in bullish alignment

→ MACD: Curling upward → potential bullish crossover

→ RSI: ~62 = ideal for continuation

→ Volume: Steady = quiet accumulation likely→ 📈 Trade Idea (Put Credit Spread):

• Sell: GLD $305 Put
• Buy: GLD $295 Put
• Thesis: Support at $300–305 holds, collect premium if GLD stays strong

🔹 Bitcoin (BTC/USD)

Call: ✅ BULLISH – Strong Trend, No Exhaustion

→ Structure: Classic bullish flag or pennant under all-time highs

→ Volume: Strong on rallies → reflects smart-money positioning

→ Trend: Higher highs + higher lows still intact→ Outlook:

• ⚡ If BTC breaks above $105K, watch for fast extension to $115K+
• Structure supports continuation — no sell signals in sight

🔹 XRP (Ripple)

Call: 🔶 CAUTIOUSLY BULLISH – Coiling for Breakout

→ Structure: Forming a base or bull flag after multi-month surge

→ Volume: Steady → indicates healthy digestion, not panic selling

→ Trend: Still intact long-term→ Outlook:

• 📊 Close above $2.55–2.60 may trigger next leg
• Traders should watch volume surge + range breakout confirmation