Bulls Have the Advantage — Now Run With It
by Tony Rago
Jobs pushed price back to the weekly highs on NQ and up to the big 7,800 level on ES. Bulls saved it yesterday, and now the question is whether they’re ready to defend the pullbacks to 30,750 on NQ and the 7,750/7,762 area on ES. Those are the key levels for buyers this morning. If they can hold and price continues to build above them, the weekly highs remain in play. But if those levels give way, bears have an opportunity to take control and push price back toward the weekly lows.
There’s also the possibility we simply find a range and spend the day working inside it, so there’s no need to force a directional bias before the market gives us one. Bulls have the advantage coming into the open — now let’s see if they can actually run with it. Watch the opening range, respect the key levels, and let price tell us whether this strength has real follow-through or if we’re just bouncing around inside the bigger range. Stay patient, stay flexible, and trade what’s actually happening. 💪
👉 Full breakdown is inside today’s Pre-Market Playbook.
Check it out here and trade it smart.
Until next time,
Tony
