Morning Market Notes 05-29-25
Market Calendar
$SPX & $QQQ
The overnight overreaction on futures ignited by a court decision to defy Trump's tariff wars has faded. Obviously.
We definitely have something on tap from the President coming any time soon.
We closed below $SPX 5900 yesterday on low volume, so that's good for downside continuation. $NVDA's questionable earnings results also didn't seem to be what bulls expected to get this thing going to ATHs.
All in all, equity EOM flows tomorrow, and we're on track to our gaps below in the upcoming weeks/months — not even fabricated news like this can hold what's about to come.
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
wallstsavage
