Crude Back Over 100 — Pullback in Play
by Tony Rago
Some weakness showed up overnight, and with crude back over 100, the setup is there for a potential trend-down day if sellers can hold pressure after the open. That said, this is still a dip that likely gets bought — the real question is how far that bounce can travel and whether buyers can reclaim control or simply create a lower high. As discussed yesterday, this could be the start of a multi-day pullback, especially if crude holds the 95–100 zone and keeps pressure on risk.
The plan stays the same: let the opening range tell us what price wants to do. No need to guess early when the first move can be emotional — let structure build, watch how price reacts around key levels, and trade the confirmation. If buyers step in with strength, we respect it. If the bounce fails and sellers stay in control, then we may have more downside to work with. Let’s get after it! 💪
👉 Full breakdown is inside today’s Pre-Market Playbook. Check it out here and trade it smart.
