Bulls Defend, Bears on Watchby Tony Rago Nice fade into the close yesterday brought us halfway back — and bulls stepped up fast. Now it’s on them to hold the line on pullbacks and push toward the previous highs. Bears need to show conviction and drive price below 6,800 on ES and 25,500 on NQ
Gaps Filled — Bulls Hold the Edgeby Tony Rago All gaps are now filled on both ES and NQ, and it’s all about 6,800 on ES and 25,500 on NQ from here. Bulls have the upper hand if they can defend pullbacks and keep price firm above those key levels. ES just completed a
Gap Filled — Now What?by Tony Rago Overnight weakness filled the 6,826 gap and dragged ES all the way down to the monthly pivot at 6,788. NQ still has an open gap at 25,526, and for bears to get there, they’ll need to defend 25,812 and convert 25,750 into resistance. It may take another
November Kickoff — Tech Leads the Wayby Tony Rago New week, new opportunities to make money — and a new month to boot. ES is still hanging just under 6,900, while NQ holds firm above its big 26,000 roundy. Tech’s trying to lead again, so the question is whether ES can follow or end up
Monday morning, 9:30 AM. The NASDAQ gaps up overnight. Big earnings on deck. FOMC looming. All-time highs across the board. A trader in my room asks where I think the market is going today. Here’s what I told him: “If anybody sits here and tells you they do, like at 9:30 in the morning when
Month-End Friday Fireworksby Tony Rago Last trading day of the month — and a Friday. Always a mix for potential volatility. Those gaps below are still out there, but AMZN and AAPL crushed earnings and are trying to hold the tape together, so keep a close eye on them for leadership. Watching 6,900 on ES
Post-FED Fallout Beginsby Tony Rago FED Day is behind us, and now we get to see how the fallout hits retail traders. Price couldn’t hold 6,926 as I type this, and sellers are finally stepping back into the tape. Could be a wild open, so patience is key. I’m planning to let it settle and
FED Day: Less Is Moreby Tony Rago It’s FED Day, which means the playbook is simple — do less. Expect a whippy open that likely settles into a range while we wait for the 2pm announcement. The key today isn’t about catching every move — it’s about staying patient and trading the fallout this
Melt-Up Mode Continuesby Tony Rago The melt-up rolls on with fresh highs again. We may hang up here into FOMC — we’ll see how long the bulls can keep control. In a tape like this, you’ve got to stay objective. Forget what you want the market to do and trade what it is doing.
China Headlines Ignite the Openby Tony Rago Big gap at the open this morning on China trade news, and we’re already seeing momentum build. Gap fills sit at 6,826 on ES and 25,500 on NQ — key markers to watch once the cash session kicks in. Plan is simple: let it open, watch how price
