NVDA Breaks the Range — Now What?
by Tony Rago
NVDA reports and lifts both NQ and ES out of the sideways zone we’ve been stuck in. Now the question is whether it’s enough to hold the whole tape up. ES bulls need to hold price above 7,700, and NQ bulls need to hold above 29,412. If those levels hold, we can start talking about a real breakout. Back under them and we could slip right back into the summer chop we’ve been living in.
Volume is basically non-existent and the price action remains super quiet, so again, try not to overdo it. We don’t need to manufacture trades just because the market is open. Get your day made, protect what you’ve made, and move on to the next day. Let price prove the move is real and take it one setup at a time. Let’s get after it! 💪
👉 Full breakdown is inside today’s Pre-Market Playbook.
Check it out here and trade it smart.
Until next time,
Tony
