Battle Lines Are Drawn
by Tony Rago
Bears showed up at the open yesterday… but stalled right at the weekly pivots. No real pressure below. That makes 6323 on ES and 23163 on NQ the key battlegrounds today.
Above those levels? Bulls need to attack Monday’s highs — 6370 and 23350 — and prove they’re in control.
Below? Bears have to crack 23000 and 6300 to get new weekly lows on the board.
Could be a chop-fest if no one steps up, so keep expectations in check. We’ve got Fed speakers and a bond auction coming — stay sharp.
Same plan: let the open play out, give it 30 minutes, then strike.
Full breakdown’s inside today’s Pre-Market Playbook.
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