New Week, New Opportunities
by Tony Rago
New week, new opportunities! Coming into the open, overnight inventory is long, so the big question is whether bulls can hold the pullbacks and keep pushing higher. Keep NVDA on your radar as well following news surrounding its CEO — it’s a major influence on both ES and NQ, and any reaction there could have an impact across the broader tape. For ES, bulls need to hold 7,450/7,433 and make a run toward 7,500, while bears will look to defend 7,488 and 7,500. On NQ, buyers need to hold 27,106/27,000 and push toward 27,500. Sellers, meanwhile, need to defend 27,412/27,500 to keep the upside in check.
We’ll stick with the same plan as Friday: these ranges are large enough that there’s no reason to rush into a trade. Let the market show its hand with a confirmed breakout above or below the pre-market highs and lows. Overnight inventory being long doesn’t guarantee continuation, so watch how buyers respond when tested and whether sellers can actually take control. Patience is an edge in a market like this. Stay focused on the levels, manage your risk, and let price action—not anticipation—drive the decisions. Let’s make it a great week!
👉 Full breakdown is inside today’s Pre-Market Playbook.
Check it out here and trade it smart.
Until next time,
Tony
