Gaps Filled — Edge Still Up for Grabs
by Tony Rago
Roll gaps have now been filled on both ES and NQ, clearing out some of that unfinished business from the contract rollover. We’ve also got jobs data hitting this morning, which adds another variable as we head into the open. For now, price is still sitting below the weekly open — and that alone gives the bears a slight structural edge early. Bulls know what they need to do: reclaim 6,890 and then 6,900 on ES to flip momentum back in their favor, while NQ needs to get back above 25,500 to regain traction and keep pressure off the downside.
That said, edge doesn’t mean outcome. How we open matters just as much as where we are. If buyers can respond quickly and defend these levels, the tone can shift fast — but until then, patience is the trade. Let the first moves show their hand, stay flexible, and avoid forcing direction before structure confirms it. We’ll let price tell the story and get it done from there 💪
👉 Full breakdown is inside today’s Pre-Market Playbook. Check it out here and trade it smart.
