Foot on the Gasby Tony Rago Fresh highs in ES after CPI puts the ball squarely in the bulls’ court. If they stay aggressive, this 7,000–7,100 zone could get chewed through faster than most expect — big round numbers tend to attract price when momentum is strong, especially after a macro catalyst clears the air.
New Highs Tagged — Bulls Tested Earlyby Tony Rago Friday pushed ES to fresh all-time highs at 7,017 before backing off overnight into the 6,950 area — a healthy pullback so far, not a breakdown. NQ still hasn’t printed 26K, and as long as bulls stay in control, that target remains firmly on the
Tuesday morning, price descended into the 26 on the NQ. My finger hovered over the buy button. But before I pulled the trigger, I did what I always do… I looked left. No prior test from above. No green bar acting as a wall. This was the first test in the flow of price action.
Muted Payrolls, Eyes on Tariffsby Tony Rago Payroll numbers are out and the reaction has been pretty muted so far — not exactly the kind of impulse move that clears things up early. That puts more weight on the rest of the economic slate this morning, especially the upcoming tariff decision, which has the potential
Testing 7,000 — Who Defends the Pullback?by Tony Rago ES hit a major milestone with a clean test of 7,000 overnight before backing off — a psychological level that naturally invites two-way trade. Now the focus shifts to defense. Bulls need to step up on pullbacks, with 6,912 acting as the clear line in the
Grinding at Highs — Patience Requiredby Tony Rago It’s been a slow-grind kind of tape, and those are never the easiest — especially sitting at all-time highs. ES continues to do the heavy lifting while NQ lags a bit, but the roadmap is clear: holding defended pullbacks keeps the door open for a push toward
Leadership Check at the Openby Tony Rago NQ is still boxed inside Friday’s range while ES is pressing its nose higher, trying to break out above recent highs. For NQ, bulls need to reclaim and hold above 25,633 to open the door toward 25,750 and 25,812 — those are the upside markers that signal real
New Week, New Game Planby Tony Rago The first trading week of 2026 is here, and it’s kicking off with a busy news slate that could inject some volatility into the tape. Venezuela headlines are the big macro watch right now — so far the market hasn’t reacted much, but that can change quickly once
Year-End Drift — Eyes on the Levelsby Tony Rago Last trading day of 2025 and the tape is doing what holiday tape usually does — quiet, thin, and a little deceptive. Participation is light, but that doesn’t mean it’s risk-free. Low volume can still produce quick bursts of volatility if orders hit an empty book,
Waiting on a Sparkby Tony Rago It was a quiet overnight session, and for now the tape looks like it wants to stay that way. ES bulls need to hold above the weekly pivot at 6,957 and then reclaim the weekly open at 6,980 to really shift momentum back in their favor — that weekly
