Summer Tape — Let It Come to You
by Tony Rago
Quiet overnight session, and I’m expecting another slow-grind summer tape today. The breakout levels are clear: 30,000 on NQ and 7,800 on ES. Until we get through those areas, there’s no reason to assume we’re suddenly going to see a runaway move. My plan is to let the first 15–30 minutes establish a range and see where we are before committing to anything.
If we get another rangebound session, I’ll focus on trading that range and taking the base hits that are there. If we break the opening range and an imbalance develops that we can take advantage of, we’ll be ready for that too. The key is not forcing a breakout just because we want one. Let price prove it’s ready to move, wait for our setups, and then go to work. Be patient and let the tape come to you!
👉 Full breakdown is inside today’s Pre-Market Playbook.
Check it out here and trade it smart.
Until next time,
Tony
