Weekly Pivot in Play — Bulls Need to Deliver
by Tony Rago
The NQ weekly pivot is still in play, and that’s where I’ll be focused at the open. Bulls need to convert that level into support and push toward 30,750. On ES, buyers need to defend the 7,742/7,750 area and work back above 7,777. If those levels fail to hold, bears have an opportunity to get a move going below yesterday’s lows at 7,726 on ES and 30,350 on NQ. Those are the key lines in the sand as we see which side can take control.
There are plenty of FED speakers today, so expect another potential headline minefield with price reacting quickly in either direction. That makes patience and discipline even more important. Let the opening range develop, watch how price behaves around the weekly pivot and support zones, and don’t get caught chasing every move. We’ll take the setups our process gives us and leave the rest alone. Stay patient and get after it! 💪
👉 Full breakdown is inside today’s Pre-Market Playbook.
Check it out here and trade it smart.
Until next time,
Tony
