Weekly Pivots in Play
by Tony Rago
PPI and retail sales hit this morning and price barely flinched — a muted reaction that tells you the market is waiting on something bigger. That puts the spotlight squarely on weekly pivots today and how price behaves around them. ES comes in with its weekly pivot at 6,973.67, while NQ’s sits at 25,778.17. It’s clean and simple: bullish above, bearish below. Weekly pivots often act like gravity zones — areas where price pauses, rotates, or decides whether momentum has legs — so how we trade around them matters more than predicting direction.
Patience is going to be the edge today. There’s chatter about a potential tariff ruling, with 10am being the time floating around, though nothing is officially scheduled. That kind of headline risk can stall action or flip it fast, so forcing trades early doesn’t make much sense. We’ll stick to the routine, let the opening ranges develop, and allow price to show its hand. When the market is undecided, discipline beats activity — every time. 💪
👉 Full breakdown is inside today’s Pre-Market Playbook. Check it out here and trade it smart.
