Back to the Lows — Heavy Tape Ahead
by Tony Rago
The tape is coming in heavy into the open — we’ve essentially round-tripped the entire week and are pressing back into last Friday’s low zone. The big question now: do buyers defend it again, or does this time break the pattern? With VIX pushing 22.82, the market is signaling real volatility, not just noise. That usually means wider ranges, faster rotations, and less forgiveness for sloppy entries. No complacency here and definitely no bottom-picking while structure is breaking down.
Today is all about discipline and risk management. Let setups come to you and stay selective, especially with NQ carrying an oversized ATR that can snap traders out of positions in seconds. When volatility hits like this, patience becomes a competitive advantage — wait for confirmation, keep sizing tight, and stay mentally nimble. Be careful today and be ready for anything.
👉 Full breakdown is inside today’s Pre-Market Playbook. Check it out here and trade it smart.
