FED Week on Deck — Time to Lock Inby Tony Rago New week, fresh tape, and plenty of opportunity as we roll into FED Week and kick off contract rollover — a combo that tends to stir up pockets of volatility. I’ll take the action as it comes, but the weekly opens are my anchors

Friday morning, I drew something on the chart I’ve watched play out thousands of times. “Contraction, expansion, retracement. Contraction, expansion, retracement. Right on and on and on to the break of dawn.” The entire week had been building toward that Friday breakout. Monday through Thursday, we chopped inside a tight range. The market was consolidating.

Stalled at the Top — Waiting for a Sparkby Tony Rago Quiet overnight action kept us pinned in a tight range, and the market is still consolidating up here without the kind of aggressive buyers needed to break through the top. At the same time, sellers aren’t showing much initiative either, which leaves us drifting

Range Pressure Building — Expansion on Deckby Tony Rago We’re still stuck in a range with NQ doing its best to lift ES, but the real test comes down to one thing: ES needs to close back above its weekly open on the daily. We’ve been consolidating here for three straight sessions — that kind

Weekly Opens on Deckby Tony Rago ES bulls need to reclaim their weekly open and press into 6,888 — that’s the zone where momentum can finally shift from choppy to constructive. Same story on NQ: hold above the weekly open and make a clean push toward 25,633. Until then, we’re sitting in that familiar mid-week

New Month, New Levelsby Tony Rago Price finally relaxed after that holiday push into 6,862 on ES and 25,500 on NQ, giving us room to check the structure beneath. We’ve got weekly pivots sitting just under 6,800 at 6,782 on ES and 25,115 on NQ — clean, well-defined spots where buyers and sellers tend to

Tuesday morning, I did something I don’t do often enough. I slowed down. Instead of jumping straight into trades like I normally do, I walked traders through the exact risk parameters I use on every single position: The 15-handle stop The plus-minus 10 violation threshold Why I trade two contracts minimum How I take profit

Grateful for the Grindby Tony Rago Plenty to be thankful for this morning, and the tape looks like it knows it too — expecting things to slow as the session rolls on, but we may get just enough early-day volatility to frame a few clean setups. Holiday sessions tend to thin out quickly, so the

  Rally Holds Its Groundby Tony Rago A solid rally so far — almost 3% off Friday’s lows with ES holding above 6,700 through the overnight session. When price can stay perched above a round figure like that, it usually tells you buyers are at least willing to defend progress. From here, I’d like to

  Short Week, Same Playbookby Tony Rago New week, fresh tape — even with the holiday schedule trimming participation later in the week, today still carries enough juice to move, especially with VIX sitting north of 22. That tells you volatility is still very much alive, even if headline flow thins out. As always, I’m