Quite an eventful day today as the market seemed poised for a rally led behind Jensen’s keynote speech at CES last night giving investors strong confidence behind a ton of names into the open. However, it ended up being a sell the news event where NVDA 0.00%↑ began to plunge towards a pivotal level of 141 correlating to previous all-time-highs as well as the 10D / 10wk MA’s.
Spooz lost the 50 day today with some towards the supply zone below near 5865 which many will want to keep an eye on in the coming days. With bonds as high as they are and the dollar still showing strength, it’s become relatively tough to gain any traction in the indices giving the market a choppy range thus far in 2025. Nonetheless, setups on individual names remain present.
Let’s dive into today’s most notable flow from Flowseidon.