Breakout Levels in Play — Quarter-End Wildcard
by Tony Rago
This morning’s economic data popped NQ up to 30,750 and ES to 7,770 — those are our breakout levels to watch today. If buyers can sustain price above those zones, the door opens for a push toward the big round numbers overhead: 31,000 on NQ and 7,800 on ES. But the bulls have some serious headwinds to deal with, so the question is whether they can maintain control and build on the early strength. On the flip side, bears need to cap the rallies and push NQ back below 30,500 and ES under 7,726 to start shifting momentum back in their favor.
Keep it simple today. It’s quarter-end, and that can bring anything from a big directional move to a whole lot of nothing as flows balance out. Don’t assume we’re getting a trend day just because we get an early pop, and don’t mistake a quiet tape for a lack of opportunity. Let price confirm the breakout or rejection, respect the key levels, and stay flexible as the session develops. Be prepared for anything, and let the market show its hand! 💪
👉 Full breakdown is inside today’s Pre-Market Playbook.
Check it out here and trade it smart.
Until next time,
Tony
