Monday, May 18, 2026 – Tony’s Pre-Market Playbook

Weekly Pivot in Focus
by Tony Rago

Price is poking above the weekly pivot pre-market on NQ and approaching that same key area on ES, making this one of the most important reference points heading into the open. Weekly pivots matter because they often act as major decision zones where institutions either accept price higher and continue trend — or reject it and rotate back the other way. Right behind that, I’ll also be watching the weekly opens closely. Those levels help frame the broader directional bias for the week ahead: bullish above, bearish below. When price is trading around these major reference areas, the reactions tend to tell you far more than predictions ever will.

This is the kind of open where patience and observation matter more than speed. If buyers can gain acceptance above the weekly pivots and hold the weekly opens, momentum could build quickly into another trend day higher. But if price fails around those areas and sellers step in aggressively, we could see a very different tone develop early in the week. No need to force anything here — let the opening range establish control and reveal who actually wants the ball. The market will give the clues if you stay patient enough to listen.

👉 Full breakdown is inside today’s Pre-Market Playbook. Check it out here and trade it smart.

– Tony

 

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