Pushing Inventory — But Can It Stick?
by Tony Rago
Overnight inventory came in long, and you can see them trying to push price higher early — the question is whether that positioning fuels continuation or sets up a squeeze the other way. When inventory leans too far one direction, it often needs to rebalance, and that’s where things can get fast. A relief rally could absolutely be brewing here, and if we do break out with strength, that’s not something to fade blindly. Let price confirm — strong acceptance above levels tells you buyers are in control, while failure and reversal gives the cleaner signal. With volatility elevated — VIX holding around 30 and crude staying firm above 100 — sustained rallies may be tougher to build, so expect movement to come in bursts rather than clean trends.
Same approach as always — patience at the open. Let the opening range develop and show where the real interest is before getting aggressive. This is the type of tape that punishes anticipation and rewards confirmation. No need to pick tops or bottoms — let the market tip its hand and react accordingly. If buyers step in and hold, you go with it. If not, you wait for the shift and take the other side. Clean, disciplined execution to start the week — that’s the edge. 💪
👉 Full breakdown is inside today’s Pre-Market Playbook. Check it out here and trade it smart.
