Gap Up to Start the Week
by Tony Rago
Markets gapped up off the open and caught a clean rally from the weekly open — momentum carried over from Friday’s sharp reversal after rumors of a government shutdown resolution hit the wires. That kind of headline-driven move often stretches price quickly, leaving traders to sort out whether the reaction sticks or fades once cash markets settle in. With that kind of gap, context matters — are we seeing genuine follow-through or just a relief pop into resistance?
These opens can be tricky to trade — big overnight gaps tend to distort levels and trap early chasers. I’m treating it like a normal Monday morning: let the market open, let it build its ranges, and then see where control shows up. No need to force it; let price establish rhythm before stepping in. Let’s kick the week off right and stay sharp. 💪
👉 Full breakdown is inside today’s Pre-Market Playbook. Check it out here and trade it smart.
