Tuesday, May 5, 2026 – Tony’s Pre-Market Playbook

Pushing Highs Into the Open
by Tony Rago

NQ is pressing into fresh highs with a clean 28K test pre-market, while ES is working to convert 7,250 into support — a key level that could define early session direction. When a level flips from resistance to support, it often signals acceptance and continuation if buyers can defend it. What stands out here is the tape’s resilience — even with ongoing war headlines and crude holding elevated near 103, price continues to shrug it off for now. That tells you flows are still leaning bullish, but it also raises the stakes if sentiment shifts.

This is the kind of tape that will test your discipline. It looks strong, but it can turn just as quickly if participants start to fade the move or react to headlines. The focus today is simple: trade what’s in front of you, not what you think should happen. Let the open develop, identify where buyers or sellers actually commit, and build your plan from there. The best trades will come from staying objective and letting the market show its hand — not anticipating it. Stay sharp and let the levels guide you.

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

– Tony

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