Weekly market calendar: May 12-16, 2025
Hey traders,
Here’s what’s on the radar for this week’s market events:
Tariff positive news + Putin open to negotiating with Ukraine this week
— wallstsavage (@wallstsavage80) May 11, 2025
Looks like we’re getting that upside target soon
We’re getting hit with bullish news throughout the weekend, and this means we’re on schedule to hit both targets set last weekend in our weekly calendar notes. I hope you’re not missing these.
$DIA filled the upside gap, and now we just need $SPX to collaborate and go touch the resistance line above.
We might just gap up tonight on Futures off these headlines. We’ll have to wait and see.
This week we also have CPI, which could be the next pivotal data print for these markets. If we hit the $SPX upside target before or on Tuesday, that might be the area where I start adding long-dated downside protection to chase the retest of our Bear Market Level.
Let’s have a great week.