Settle-Line Standoff
by Tony Rago
We’re opening right on the SETTLE levels for both ES and NQ, and that’s the pivot zone that decides the next leg for me. If buyers can hold these areas as support, they’ve got room to run; lose them, and bears step back into the driver’s seat. Underneath these levels it can get slippery fast — we saw NQ get saved yesterday off 24,412, so the question now is whether price can build a higher low and keep that defense intact. With VIX still elevated, expect energy and velocity right off the open as opening ranges set the tone.
Mindset here stays simple: let it open, let it breathe, and let the market show its hand before getting cute. Elevated vol means both opportunity and trap-door risk, so we’re respecting levels, watching reaction, and staying tactical. NVDA reports after the bell, which keeps a layer of anticipation baked into today’s tape — don’t be surprised if the market wants to probe both sides before settling on conviction. Let’s get after it.
👉 Full breakdown is inside today’s Pre-Market Playbook. Check it out here and trade it smart.
