Get Dry Powder Ready for a Move by Tony Rago Bands are getting tight on the hourly chart. That means a move is coming, and we just have to be patient. We’ve had a very choppy, headline-driven July so far. Today is the original end of the tariff “pause” date, so I’m expecting at least a few more headlines to that end. Regardless, we have a clear range that we need to break out of. It’s up to us to “go with” price when it decides to break. And that could be an upside break or a downside break — we have breakout and breakdown levels in the Playbook. Be patient, be objective, and do not trade for the sake of trading. Check in with the Pre-Market Playbook, it’s right here as a free download… [file_download style=”2″][op_file_download_item title=”Wednesday%2C%20July%209%2C%202025%20-%20Tony’s%20Pre-Market%20Playbook” icon=”style1-Pdf-64×64.png” file=”https://theotrade.com/wp-content/uploads/2025/07/TonysPre-MarketPlaybook-07092025.pdf” package=”” level=”” new_window=””][/op_file_download_item][/file_download]

Here Are the Key Levels to Watch Today  by Tony Rago   Yesterday was a difficult day for me. Let’s just say it was not a tape that hauled in a bunch of handles for me. Quite the opposite, in fact, as I had a losing day. Some old habits crept in as well. The tape was choppy and I found I was chasing the losses. Just a reminder NOT to do that!  After all, there’s always another setup.  We’re starting with a clean slate today and I’m hoping for some smoother price action!  With all that said, the weekly pivots are absolutely in play. NQ is trying to stay above its pivot while ES is below its own.  Those levels will be key to the trading today — bullish above and bearish below. We need to see some cohesive price action or it will just add up to more

Back In the Saddle This Week — Here’s What I See by Tony Rago I hope everyone had a nice, relaxing holiday weekend! I’m going to let price open a bit this morning; it’s always tricky when coming off a major market holiday. That said, we’re still pretty firm on the bid side… but there was very forceful rejection of those new highs, 6333 (ES) in particular. Keep your eye on the weekly pivots as well, we have a lot of engagement with them already in the overnight.   Everything else you need is right here in the Pre-Market Playbook…