SPY staged a powerful bounce off 490, reclaiming lost ground. Now hovering around ~545, brushing the underside of the 18-day SMA and testing the lower Bollinger Band midline – a known resistance zone.
🔍 Volume:
Heavy volume during the plunge + initial relief rally. But… 📉 volume is now tapering = ⚠️ possible fatigue in buying momentum.
💥 MACD:
Fresh bullish crossover! ✅ MACD line > signal line, histogram flipping positive. Momentum is back – just not explosive yet. Still brewing. ☕️📈
📈 RSI:
From 30s → now climbing near 50. Neutral zone, but 🔎 watching 55–60. That’s when the trend really turns in favor of the bulls. 🐂🔥
🎯 Key Levels:
Resistance: 550, then 560.
Support: 530, then 510 (must hold for the bullish thesis).
🎯 Trade Setups:
🐂 If Bulls Break 550: SPY 550C exp. 4/19 or 4/26
🐻 If Rejected at 550: SPY 530P exp. 4/26
🪶 Birdie’s Word:
The bounce is real—but this ain’t a stampede yet. Volume and SMA test will tell us if this is just a feather flutter or the start of a full flight. 🦅
🛢 USO (United States Oil Fund) – Technical Breakdown
Call: Bearish Bias w/ Short-Term Bounce Risk
📊 Price Action:
Bounce from just above $62 → now near $68. Still under the 9- and 18-day SMAs = no confirmed trend change yet.
📉 MACD:
Bearish crossover confirmed. 📉 MACD below zero. Momentum is not favoring bulls right now.
🔋 Volume:
Monster volume on the bounce = potential institutional support. But the fade in volume since then? 🤔 Concerning. Accumulation or hesitation?
📈 RSI:
Climbed out of oversold, now under 50. No trend shift confirmed. It's in wait-and-see mode.
🎯 Key Levels:
Resistance: 70–72 zone.
Support: 65, then 62.
🎯 Trade Setups:
🐻 Bearish Continuation: USO 65P exp. 4/26
🐂 Spec Reversal: USO 70C exp. 4/26 (⚠️ risky counter-trend)
🪶 Birdie’s Word:
Dead cat or crouching bull? We need a break above $70 with volume to confirm it’s not just a bounce. Otherwise... sellers still rule. 😼📉
🪙 GLD (Gold ETF) – Technical Breakdown
Call: Strong Bullish
📊 Price Action:
GLD is flying high 🚀 closing over $296, with price hugging the upper Bollinger Band. Higher highs + higher lows = textbook uptrend.
📈 Volume:
Strong breakout + volume surge = institutional FOMO is real.
💥 MACD:
MACD is bullish and building. Histogram growing = real momentum behind this move. 🔥
📈 RSI:
In the 70s = overbought, yes – but in bull mode, that’s where RSI can live for a while. Don't fade strength blindly. 🧠💛
🎯 Trade Setups:
🐂 Momentum Play: GLD 300C exp. 4/26
🐂 Pullback Buy Zone: GLD 290C exp. 4/26
🪶 Birdie’s Word:
Gold is not just a trade – it’s a signal. The system’s flashing warning lights, and GLD is shining like a beacon. 🪙🔥 “Don’t fight the metal.”
₿ Bitcoin & XRP – Technical Snapshot
Bitcoin (BTC)
Call: Strong Bullish (Cautiously)
☁️ Ichimoku Cloud shows major resistance above.
⚡️ Still, BTC flirting with $85K. A breakout there = explosive upside.
1st seal Covid and Satan crowned king of the world. 2nd seal Ukraine war, 3rd seal famine in 10% of the world, 4th seal Re 6:8. 1/4 the earth killed. America is attacked. Food etc. stops. Prepare now.
Actionable intel. YOUR THOUGHTS ON Banks??
Thank you Greg!
🦅 S&P500 / SPY – Technical Breakdown
Call: Cautiously Bullish Short-Term
📊 Price Action:
SPY staged a powerful bounce off 490, reclaiming lost ground. Now hovering around ~545, brushing the underside of the 18-day SMA and testing the lower Bollinger Band midline – a known resistance zone.
🔍 Volume:
Heavy volume during the plunge + initial relief rally. But… 📉 volume is now tapering = ⚠️ possible fatigue in buying momentum.
💥 MACD:
Fresh bullish crossover! ✅ MACD line > signal line, histogram flipping positive. Momentum is back – just not explosive yet. Still brewing. ☕️📈
📈 RSI:
From 30s → now climbing near 50. Neutral zone, but 🔎 watching 55–60. That’s when the trend really turns in favor of the bulls. 🐂🔥
🎯 Key Levels:
Resistance: 550, then 560.
Support: 530, then 510 (must hold for the bullish thesis).
🎯 Trade Setups:
🐂 If Bulls Break 550: SPY 550C exp. 4/19 or 4/26
🐻 If Rejected at 550: SPY 530P exp. 4/26
🪶 Birdie’s Word:
The bounce is real—but this ain’t a stampede yet. Volume and SMA test will tell us if this is just a feather flutter or the start of a full flight. 🦅
🛢 USO (United States Oil Fund) – Technical Breakdown
Call: Bearish Bias w/ Short-Term Bounce Risk
📊 Price Action:
Bounce from just above $62 → now near $68. Still under the 9- and 18-day SMAs = no confirmed trend change yet.
📉 MACD:
Bearish crossover confirmed. 📉 MACD below zero. Momentum is not favoring bulls right now.
🔋 Volume:
Monster volume on the bounce = potential institutional support. But the fade in volume since then? 🤔 Concerning. Accumulation or hesitation?
📈 RSI:
Climbed out of oversold, now under 50. No trend shift confirmed. It's in wait-and-see mode.
🎯 Key Levels:
Resistance: 70–72 zone.
Support: 65, then 62.
🎯 Trade Setups:
🐻 Bearish Continuation: USO 65P exp. 4/26
🐂 Spec Reversal: USO 70C exp. 4/26 (⚠️ risky counter-trend)
🪶 Birdie’s Word:
Dead cat or crouching bull? We need a break above $70 with volume to confirm it’s not just a bounce. Otherwise... sellers still rule. 😼📉
🪙 GLD (Gold ETF) – Technical Breakdown
Call: Strong Bullish
📊 Price Action:
GLD is flying high 🚀 closing over $296, with price hugging the upper Bollinger Band. Higher highs + higher lows = textbook uptrend.
📈 Volume:
Strong breakout + volume surge = institutional FOMO is real.
💥 MACD:
MACD is bullish and building. Histogram growing = real momentum behind this move. 🔥
📈 RSI:
In the 70s = overbought, yes – but in bull mode, that’s where RSI can live for a while. Don't fade strength blindly. 🧠💛
🎯 Trade Setups:
🐂 Momentum Play: GLD 300C exp. 4/26
🐂 Pullback Buy Zone: GLD 290C exp. 4/26
🪶 Birdie’s Word:
Gold is not just a trade – it’s a signal. The system’s flashing warning lights, and GLD is shining like a beacon. 🪙🔥 “Don’t fight the metal.”
₿ Bitcoin & XRP – Technical Snapshot
Bitcoin (BTC)
Call: Strong Bullish (Cautiously)
☁️ Ichimoku Cloud shows major resistance above.
⚡️ Still, BTC flirting with $85K. A breakout there = explosive upside.
⚠️ Failure to hold $75K = watch for the trapdoor.
🪶 Birdie says: It’s decision time. Watch volume + price reaction closely. Whales are circling. 🐋📉📈
XRP
Call: Bullish Bias, Emerging Strength
📐 Bull flag formation forming.
📊 Rare 55-week EMA & 155-week MA bullish crossover = 🔮 long-term growth potential.
🐂 Bullish setup in play, but needs confirmation break above resistance.
🪶 Birdie says: Don’t sleep on XRP. The structure’s aligning for flight. Just needs a push. 🕊📊
🧭 Final Birdie Outlook
Markets are reacting, not trending – yet. Macro shocks, earnings, and global tension = fragile conditions.
Trade the setup, not the noise. Risk smart. 🧠🪶
This flock flies together. See you in the sky. ☀️
Let me know if you want a visual chart summary next time too! 📉🦜
thank you bru
No gallium from China = no chips.
Yes thanks Greg. Very useful
1st seal Covid and Satan crowned king of the world. 2nd seal Ukraine war, 3rd seal famine in 10% of the world, 4th seal Re 6:8. 1/4 the earth killed. America is attacked. Food etc. stops. Prepare now.
Backwardation says the dollar has whobbley knees and it's just waiting for the KNOCKOUT punch. Howard Cosell should be ringside!!
Buy food. 4th seal war this year.