🔹 SPY (S&P 500 ETF)
Tactical Call:Neutral to Slightly Bullish – Fragile Structure→ Momentum Indicators:
- MACD: Still in bullish territory, but flattening → losing thrust
- RSI: Hovering around 60 → mild strength, but no breakout signal
- Bollinger Bands: Tightening → volatility compression likely before breakout
→ Tactical Take:
- Uptrend attempt continues, but momentum is thinning
- Watch for reaction around 570–575 resistance zone
→ Options Trade Idea:
- Buy SPY 570 Call, Exp. May 17
🔹 USO (United States Oil Fund)
Tactical Call:Bearish→ Trend:
- Clear downtrend structure: lower highs, lower lows
- Below all short-term moving averages
→ Momentum Indicators:
- MACD: Bearish cross, momentum building downward
- RSI: Below 40 → weak structure, no recovery yet
- Volume: Distribution pattern → sellers in control
→ Tactical Take:
- Short bias remains valid unless reclaimed above $66 with volume
→ Options Trade Idea:
- Buy USO 62 Put, Exp. May 17
🔹 GLD (Gold ETF)
Tactical Call:Bullish Trend Intact→ Trend:
- Strong uptrend remains intact — minor dips being bought
→ Momentum Indicators:
- MACD: Still bullish, though starting to decelerate slightly
- RSI: Just under 70 → healthy strength, not overextended
- Volume: Spike on green candles → institutional accumulation evident
→ Tactical Take:
- Trend following still in play — continuation likely above $310
→ Options Trade Idea:
- Buy GLD 305 Call, Exp. May 24
🔹 Bitcoin (BTC/USD)
Tactical Call:Bullish – Momentum Building→ Macro Context:
- Rate pressure + currency debasement = flows into store-of-value assets
- BTC regaining market dominance as macro hedge
→ Technical Setup:
- Price forming higher lows beneath major resistance
- Momentum indicators turning positive
→ Outlook:
- Breakout above $96K could trigger a move toward $100K+
- Still time to catch the move on continuation
→ Bias:Bullish
🔹 XRP (Ripple)
Tactical Call:Neutral to Slightly Bearish – Needs Catalyst→ Structure:
- Consolidating with no momentum
- MACD flat, RSI in low/mid 40s → passive structure
- Price remains coiled but directionless
→ Outlook:
- Until a breakout or macro trigger arrives → neutral at best, leaning bearish
→ Metaphor:
- BTC = charging lion 🦁
- XRP = coiled serpent 🐍 — still waiting to strike