Lions. NEW BREAKDOWNS WITH NEW TRADES FOR MONDAY. SPY, USO, GLD, BITCOIN, XRP.
From Greg M
Lions…
Barring a major geopolitical event prior to the market open on Monday, I have done new breakdowns and set up new trades for you.
Click HERE and remember to refresh the page when you get there. Look for Mondays date.
GM
Thanks Greg, as always we appreciate your hard work and dedication and someone that cares for the pride!
I hope you are enjoying some down time with the in laws and doing some fun stuff to clear your mind - its always helpful to do from time to time in a world gone made... or if you read the good book, a world that constantly repeats the same mistakes over and over :)
📅 DAILY UPDATES – Monday, 4/14/25
🔍 S&P500 / SPY Technical Breakdown
📉 Trend: Bearish trend resuming. That "Trump tariff pause" bounce? 🛑 Already fading.
📊 Volume Profile: Heavy volume on the plunge = possible capitulation. But bounce attempts? Weak. Bears still in control.
📈 MACD: Bullish crossover trying to form ⚠️ — MACD still under the zero line. Looks like a dead cat bounce 🐱↩️ forming, but no full shift yet.
📉 RSI: Climbed from oversold (~25) to just under 50. Good snapback, but not yet in bullish territory 💪❌.
🧠 Conclusion:
Primary Bias: Bearish.
This is just a bear rally until proven otherwise.
💡 Trade Ideas (1–5 Days):
🟢 Call Play (Momentum scalp): Buy SPY 540 Call, exp. April 19.
🔴 Put Play (Rejection at resistance): Buy SPY 540 Put, exp. April 19.
🛢️ USO (United States Oil Fund) Breakdown
🚨 Recent Action: Breakdown attempt to reclaim 9-day EMA failed ❌. Volume spiked = traders panicking.
📉 MACD: Bearish crossover confirmed. Momentum accelerating down.
📉 RSI: Near oversold (25), weak bounce. Stalled under 50 = ⚠️ no momentum.
📈 Bollinger Bands: Price broke & closed below lower band. High volatility = panic mode 😱.
🧠 Directional Call: BEARISH (Short Term)
💡 Trade Setups:
🔻 Buy USO 67 Put, exp. April 19 or 26 — slightly OTM.
🧨 Speculative: Buy USO 60 Put, exp. April 26.
⚠️ Avoid calls until price closes above $70, MACD curls up, RSI > 50.
🥇 GLD (Gold) Technical Breakdown
🌟 Trend: Bullish. Strong uptrend. No bearish setups right now. Safe-haven demand rising.
📈 Price: Reclaimed 9-day & 18-day SMAs. Bounce looks like trend continuation 🔄 — not a fakeout.
📈 MACD: Bullish crossover ✅, histogram rising. Momentum is with the bulls 🐂.
📈 RSI: Now in "power zone" >70 — strong trend strength.
📈 Bollinger Bands: Price riding the upper band with expansion 🔥 = breakout in play.
🧠 Directional Call: BULLISH (Short-term & Swing)
💡 Trade Setups:
📈 Breakout play: Buy GLD 290 Call, exp. April 19 or 26
🚀 Swing trend extension: Buy GLD 295 Call, exp. May 3
₿ BTC + XRP Technical Overview
💰 Bitcoin (BTC):
📉 Rebounded off $74K, now trading near $84K.
🚧 Resistance: $87K (200-DMA) — key to watch.
📈 RSI shows bullish divergence ➕ = Bears losing steam.
🧠 Bias: Neutral to Bullish. Needs to reclaim $87K for breakout.
💎 XRP:
📈 RSI climbing, not overbought — room to run.
📊 MACD bullish cross confirmed 🟢.
🧠 Bias: Bullish. Momentum is shifting in favor of buyers.
Want me to automate these updates into a daily format? Or make a graphic with the emoji-coded breakdowns? 😎📈