Rally Holds Its Ground
by Tony Rago
A solid rally so far — almost 3% off Friday’s lows with ES holding above 6,700 through the overnight session. When price can stay perched above a round figure like that, it usually tells you buyers are at least willing to defend progress. From here, I’d like to see some consolidation before the next leg, or a healthy retrace back toward 6,662 on ES and 24,412 on NQ. Those are spots where structure tightens up, and if they hold, they often become staging areas for continuation.
But we’re sliding into the holiday side of the tape, which tends to mute follow-through as we get closer to Thursday. That means cleaner levels, slower rotations, and the need to let price show intent rather than forcing ideas. We’ll see how the open shapes up — keep it simple, react to what’s in front of you, and get the day done. 💪
👉 Full breakdown is inside today’s Pre-Market Playbook. Check it out here and trade it smart.\
