Bulls Trying to Build on the Bounce
by Tony Rago
Bulls are trying to push off yesterday’s lows here pre-market. They need to show up today and get back above 7,750 and 29,750. Good start before the open, but now we need to see if they can build on it once we get into RTH. I’ll be watching 29,612 and 7,733 as key levels to hold from here. If buyers can defend those areas, we could see some continued upside.
The key today is making price prove the buyers are actually back. A pre-market bounce is one thing—the RTH tape is where we’ll find out if there’s real follow-through. I’ll let the opening ranges develop and watch how price reacts around these levels before making any big assumptions. Let’s see how we open and go from there!
👉 Full breakdown is inside today’s Pre-Market Playbook.
Check it out here and trade it smart.
Until next time,
Tony
