Morning Market Notes 05-14-25
Market Calendar
$SPX & $QQQ
$SPX 5900 is the big man on campus for levels, so this should be a sticky area into OPEX—even if we drift into 6000, the second-largest node at this time.
We’re calling the top here, at least in the short term. The 5900–6000 zone should be the area where we can see a reversal in the next few weeks or months.
Let’s have a sesh.
Using 0DTHERO flow to trigger Futures trades
Let’s walk through the trade I took this morning, triggered entirely by 0DTHERO flow signals. Right from the open, $SPX flow wanted nothing to do with upside — diverging from $ES price action. That’s what we call slope divergence between flow and price. On $SPY, the setup looked a