Stuck at the Weekly Open
by Tony Rago
It’s been a big sideways week — and the tape shows it. We haven’t strayed far from the weekly open, and once again we’re hovering right around that level heading into today’s session. When price keeps rotating around the weekly open like this, it tells you there’s balance in the market — neither side has been able to build sustained momentum. That often leads to rotational trade, cleaner two-sided movement, and a lot of chop for anyone pressing too hard in one direction.
I’m expecting more of the same to start, but we stay ready for anything. Sideways conditions don’t mean inactive — they mean selective. If we finally get acceptance away from the weekly open, that’s when momentum can build and give us something cleaner to work with. Until then, it’s about letting the open show its hand and reacting instead of predicting. Let’s see how we open and get the day made. 💪
👉 Full breakdown is inside today’s Pre-Market Playbook. Check it out here and trade it smart.
