📈 S&P 500 ETF / SPY (Ticker: $SPY)
🔍 Technical Breakdown
- Price Action: Hovering near upper Bollinger Band, signs of stalling.
- MACD: Bearish crossover forming → weakening momentum.
- RSI: Rolling down from 70+, now ~60 → strength fading.
- Volume: Weak = No conviction behind last leg up = Distribution?
📊 Call: ❗️BEARISH REVERSAL LIKELY
Short-term top near $610–$615 could be in. If macro headwinds persist (Middle East conflict, rate fears, oil spike), watch for a pullback to $580–$570.💡 Trade Setup:
- Put Strategy: Buy $SPY July 19th $600 PUT
🛢️ US Oil Fund / USO (Ticker: $USO)
🔍 Technical Breakdown
- Price Action: Explosive breakout, minor pullback from $82.
- MACD: Strong and bullish.
- RSI: Overbought (~85) → due for flag or cool-off.
- Volume: Highest in 6 months = Heavy institutional accumulation.
📊 Call: ✅ BULLISH (but near-term pullback likely)
Expect flag/consolidation near $76–$78 before another leg higher.💡 Trade Setup:
- Call Strategy: Buy $USO July 19th $80 CALL
🪙 Gold ETF / GLD (Ticker: $GLD)
🔍 Technical Breakdown
- Price Action: Coiling under April highs ($310–$315).
- MACD: Flattening, early bullish signs.
- RSI: Rising from mid-50s → bullish energy building.
- Bollinger Bands: Tightening → expect volatility breakout.
📊 Call: 🔶 BULLISH CONSOLIDATION
Accumulation range looks healthy. Watch for breakout.💡 Trade Setup:
- Call Strategy: Buy $GLD July 19th $320 CALL
₿ Bitcoin / BTC (Ticker: $BTCUSD)
🔍 Technical Breakdown
- Trend: Uptrend continues with strength.
- Momentum: No parabolic spike = controlled institutional buying.
📊 Call: ✅ BULLISH
Structure remains clean, no euphoria = healthy climb toward $115K+.
🔗 XRP / Ripple (Ticker: $XRPUSD)
🔍 Technical Breakdown
- Pattern: Bull flag = horizontal coil.
- RSI: Neutral (~55).
- MACD: Stable, consolidation with no breakdown.
📊 Call: 🟩 BULLISH
A breakout above $2.80–$3.00 could launch next rally leg. Consolidation remains constructive.