Bulls Get the Follow-Through
by Tony Rago
Continuation into the overnight session and more highs. What a perfect push off the weekly open yesterday to set this move in motion! Now it’s up to the bulls to defend the pullbacks and keep the pressure on. On ES, 7,877 and 7,888 are open above, while NQ has 31,612 and 31,633 in play. Those are the next upside levels to watch as buyers look to extend the move. The big question is whether we get another trend day or if the market needs to catch its breath first.
The alternative to back-to-back trend days is some consolidation up here before the next leg higher — and of course, that’s all barring any news that decides to rock the tape. 😅 There’s no need to chase a market that has already made a big move. Let the open show us how buyers handle the first pullbacks, watch those levels, and go with the price action in front of us. Let’s see how we open and go get them! 💪
👉 Full breakdown is inside today’s Pre-Market Playbook.
Check it out here and trade it smart.
Until next time,
Tony
