Bulls Have the Ball — Can They Break Out?
by Tony Rago
Our pre-market highs have poked out of the top of the range we’ve been stuck in, so now the question is simple: can we retest those highs and actually break out from here? That’s what the bulls need to do today. They want to hold 7,700/7,688 on ES and 29,750/29,633 on NQ, then push back toward the pre-market highs. Holding those levels on a pullback would keep the breakout structure intact and give buyers a chance to continue pressing.
The bulls have the ball — now let’s see what they can do with it! We’ve been stuck in this range for a while, so I’m more interested in seeing whether price can prove the breakout than chasing it just because we poked above the range. Let the retest tell us what we need to know, stay patient with the opening ranges, and trade the reaction. Let’s finish the week strong! 💪
👉 Full breakdown is inside today’s Pre-Market Playbook.
Check it out here and trade it smart.
Until next time,
Tony