Morning Market Notes 04-29-26

Market Calendar

$SPX & $QQQ

It's FOMC day. Powell prints the rate decision at 2p, then the presser at 2:30p. But honestly what matters comes after the close with $META $AMZN $MSFT $GOOGL ERs.

There are large spreads prints around 7050 SPX, near implied bottom of the day, and 7200 SPX, near implied top of the day. So we'll be on the lookout for the famous Wall Street algo seek-n-destroy to kick in today.

Let's have a sesh.

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