Bulls and Bears Collide at the Pivots
by Tony Rago
Today’s all about the pivots. On ES, bulls have to defend 6450 and push back toward 6500. On NQ, bulls need to reclaim 23,500 and their weekly pivot to keep the upside momentum alive. Bears, on the other hand, have a real chance to press — but they’ve got to lock down 6462 and 23,500 as resistance. From there, the targets are the overnight lows and then the Jackson Hole lows at 6412 and 23,250.
Overnight range was solid, which means we could actually get some movement today. Keep it simple, stay disciplined, and let’s crush it.
Full breakdown is in today’s Pre-Market Playbook.
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