Weekly market calendar: May 5-9, 2025
Hey traders,
Here’s what’s on the radar for this week’s market events:
May really starts this week with an FOMC meeting bringing interest rates decision and JPow taking the mic for a press conference that’s highly anticipated in the current economic context.
Trump and Powell are clearly struggling to find common ground, and the markets will be watching for a continuation of that tension—or a peace offering—on Wednesday.
In terms of technicals, we continue to expect a return to the yearly lows around Bear Market level, but we’re not in a rush to position for that just yet.
There might still be some fuel left—at least 100 points upside on $SPX—as we target a larger-frame resistance level.
$DIA also has a gap to fill, so no puts before gaps above… that’s what I always tell myself.
Let’s have a great week.