New Month, New Levels
by Tony Rago
Price finally relaxed after that holiday push into 6,862 on ES and 25,500 on NQ, giving us room to check the structure beneath. We’ve got weekly pivots sitting just under 6,800 at 6,782 on ES and 25,115 on NQ — clean, well-defined spots where buyers and sellers tend to show their hand. I’d like to see price engage those zones today for clues: if this is a dip-buy setup for another run at all-time highs, this is exactly the kind of location where momentum often resets before expansion. The roadmap stays straightforward — bulls need to reclaim and close above those pivots to keep control of the narrative.
Mindset-wise, it’s the kind of session where simplicity pays. Early-month positioning can be noisy, but the levels aren’t. If buyers step up, we’ve got the structure for continuation; if they don’t, we quickly shift into a two-sided read and let the tape tell the truth. No overthinking it — trade what develops, keep the bias flexible, and let the market show its intent. 💪
👉 Full breakdown is inside today’s Pre-Market Playbook. Check it out here and trade it smart.
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