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 :)
Like I the business model that XRP offers . So I would like to buy some but SEC is holding hostage on what to classify it. Reading up on its competition which would be Circle (CRCL) . The IPO is slated for June 2025. Possible shenanigans do to Black Rock is involved with Circle. Any input is appreciated
If, a BIG if, countries called the White House to initiate trade tallks as Trump Press Secretary Caroline Leavitt stated then it is out of total dread fear that Trump's next move up the tariff war escalator would be to use American military muscle to blockade imports the any country defying his tariffs terms.
Im thinking we’re going to hit the b-wave potential bounce with news this week,, I was also thinking we may have peaked on the NASDAQ unless their is some kind of policy shift, which I think is highly possible for the second part of the year..
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? 😎📈
😳
Thank you for your confusing generosity!
Greg can you please put back the graf charts for the market on your website?
Greg,
I agree with calls on GLD @ 290, however I believe that it is better to go out util June!
Bill
Thanks for everything Greg
Have a great weekend
Off topic: I want to share a video just premiered by author, survivalist, and like-minded man in many respects. Hope to spread the message.
https://youtu.be/vcUnR9B5pVU?si=82BSCJbgjyZbskfM
God bless.
Like I the business model that XRP offers . So I would like to buy some but SEC is holding hostage on what to classify it. Reading up on its competition which would be Circle (CRCL) . The IPO is slated for June 2025. Possible shenanigans do to Black Rock is involved with Circle. Any input is appreciated
Big thanks for all you do Greg. Truly appreciated.
If, a BIG if, countries called the White House to initiate trade tallks as Trump Press Secretary Caroline Leavitt stated then it is out of total dread fear that Trump's next move up the tariff war escalator would be to use American military muscle to blockade imports the any country defying his tariffs terms.
Feeder markets are about to parish.
Nice analysis!
Thank you Greg ! Enjoy your family this weekend.
Thoughts Greg!?
All in my breakdowns.
Im thinking we’re going to hit the b-wave potential bounce with news this week,, I was also thinking we may have peaked on the NASDAQ unless their is some kind of policy shift, which I think is highly possible for the second part of the year..