Bulls Defend — Now Can They Take Control?
by Tony Rago
Bulls defended the key levels yesterday — 29,250 and 7,662 — and we’re off the lows heading into the open. I’ll be watching 7,700 on ES and 29,533 on NQ for clues as to who has the ball. Bears have dominated the tape this week, and they would love to close things out near the lows or print new weekly lows before the week is over.
It’s Friday, and with very low volume and slow price action, the afternoon could really crawl if you’re trading. No need to force anything if the setups aren’t there. Let the opening ranges develop, see which side wants to take control, and trade what price gives us. Let’s see how we open and go from there!
👉 Full breakdown is inside today’s Pre-Market Playbook.
Check it out here and trade it smart.
Until next time,
Tony