Thursday, October 16, 2025 – Tony’s Pre-Market Playbook

 

Range Mode Until Proven Otherwise
by Tony Rago

ES is chopping between 6,700 and 6,742 — and we could live in this range for a bit. The moves have been clean, but this is the zone to break. Above 6,742 opens the door toward yesterday’s high near 6,766, while a break below 6,700 brings 6,650 back into play.

NQ’s working to hold above 25,000, with 24,750 as the line in the sand for the bulls. Keep it simple, trade what’s in front of you, and let the tape show who really wants control this morning.

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


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