Holding the Line — Bulls Test Momentum
by Tony Rago
Bulls managed to hold the rally through yesterday’s session, which now sets the stage for an important follow-through test today. On the board, the key level for me on NQ is 25,000, with 24,912 acting as the true line in the sand. If buyers can keep price above that zone, it keeps momentum leaning constructive and opens the door for continuation. Over on ES, 6,850 is the level I’m watching closely, with 6,842 needing to hold underneath to maintain structure. These levels matter because once price starts losing them, the tone shifts quickly from consolidation to potential downside rotation.
If those supports fail, bears can take control of the ball and start pushing price back down toward 24,750 on NQ and around 6,812 on ES. That would signal a deeper retrace of the recent push and likely bring more two-sided volatility into the session. For now, the focus is simple — watch how we open and see which side can defend their territory early. Strong opens often tell the story, but patience around these levels will matter more than forcing trades. Let the market show its hand first. 💪
👉 Full breakdown is inside today’s Pre-Market Playbook. Check it out here and trade it smart.
