Wide Range, Big Waves Ahead
by Tony Rago
A big overnight gap got filled early, and now we’re staring at a wide range that could easily turn into a day with some real movement. The key zone is 6,900 — lining up with both the weekly pivot and the weekly open, which makes it an important decision point for direction. Acceptance below there opens the door to a push toward the overnight low, where buy-side liquidity is sitting. Just be careful pressing shorts into that area — if price snaps back hard, that liquidity can fuel a sharp reversal instead of continuation.
From the bull side, the ask is pretty clear: reclaim and close above 6,905 on ES and 25,633 on NQ to shift momentum back higher. It’s a new week, so there’s no rush to predict — let the tape open, let the opening ranges form, and see where real participation shows up. Wide ranges reward patience and punish forcing it. Stay sharp, stay flexible, and be ready when the waves show up 💪
👉 Full breakdown is inside today’s Pre-Market Playbook. Check it out here and trade it smart.
