New Highs — But No Commitment Yet
by Tony Rago
NQ reached a new high on the continuous contract, while the Z contract still has a high at 31,334. ES is consolidating up here, but so far there hasn’t been much commitment from new money at the highs, which is leaving us with a pretty choppy tape. That doesn’t mean the move is over — it means we need to see where the next expansion comes from before making assumptions.
All we can do is stay patient, wait for our setups, and let the market show us when it’s ready to expand out of this zone. My plan remains the same as always: let the opening range tell the story. I’m certainly not interested in trying to pick the top with guesses. Let’s see how we open, watch the reaction, and go from there. Patience first, then execution. 💪
👉 Full breakdown is inside today’s Pre-Market Playbook.
Check it out here and trade it smart.
Until next time,
Tony
