Big Levels Back in Play
by Tony Rago
We saw a sharp rejection from the highs and now we’re right back to the weekly pivot on ES and the big 25,000 roundy on NQ. For now, both are holding as major support — but if they flip to resistance, a bigger pullback opens up fast.
On ES we’ve retraced 50% of yesterday’s move back to 6,777, while NQ hasn’t quite completed its retrace at 25,133. Those are the key spots to watch. If they hold as resistance, bears might finally build momentum and press through yesterday’s lows. If not, we could just consolidate here before the next leg higher.
👉 Full breakdown is inside today’s Pre-Market Playbook. Check it out here and come prepared.
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