Here Are the Key Levels to Watch Today
by Tony Rago
Yesterday was a difficult day for me. Let's just say it was not a tape that hauled in a bunch of handles for me. Quite the opposite, in fact, as I had a losing day. Some old habits crept in as well. The tape was choppy and I found I was chasing the losses. Just a reminder NOT to do that!
After all, there's always another setup.
We're starting with a clean slate today and I'm hoping for some smoother price action!
With all that said, the weekly pivots are absolutely in play. NQ is trying to stay above its pivot while ES is below its own.
Those levels will be key to the trading today -- bullish above and bearish below. We need to see some cohesive price action or it will just add up to more choppy conditions.
Letting it open and see where we are in relation to the 30-minute opening range.
Everything you need to know is right here, in the Pre-Market Playbook. It's a free download now....