TMAD Flow: Trade Ideas and Updates

$NVDA $NOK

May 05, 2026

∙ Paid

Hi Everyone,

The SPX remains positioned above the 10DMA. We saw a standard retest yesterday as geopolitical escalations in the Middle East introduced some volatility, but this remains a healthy sign of a robust market.

Markets rarely move in a straight line; seeing the index catch up to the 10-day moving average and hold above it confirms we are still in a firm uptrend. Even a deeper retest would be acceptable following this historic rally. We will continue to monitor the situation in the Middle East for signs of stabilization.