Morning Update for Subscribers
Market Overview & Open Pivots
📢 Morning Update for Subscribers
🔍 Key Inflection Day – Is the 1000pt Squeeze Starting?
📊 Market Overview & Open Pivots:
🔹 $ES Open Pivot: 5828
🔹 $NQ Open Pivot: 20411
✅ Bullish Start:
The market continued higher overnight, hitting new highs as expected.
Brief profit-taking at the open, but buyside pressure remains strong.
$NQ dipped below 20300 overnight but ripped higher, signaling strong demand.
📌 Key Decision Zone – The 20300 Rule:
🔑 Why 20300 Matters:
Consecutive daily close above 20300 acts as a "trigger" for a 1000-point squeeze move toward 21300 ($NQ).
Historically, breaks and closes above major psychological levels like xx300 (e.g., 19300, 20300) often unlock the next major leg.
🔻 Sellers’ Only Option:
Force a daily close back under 20300 to invalidate the squeeze setup.
Failure to do so will trap sellers and fuel further upside.
📌 Trade Plan & Key Levels:
🚀 Bullish Scenario – Buyers in Full Control:
✅ Targets:
$ES: 5860 → 5903 → 5965
$NQ: 20485 → 20757 → 21300 (1000pt move unlocked)
✔ Trading Plan:
Stay long bias above 20300 ($NQ) and 5820 ($ES).
Look to buy dips into 20405-20300 zone for a run to 20750+.
🛑 Bearish Scenario – Sellers Must Act Now:
✅ Targets if Rejection:
$ES: 5784 → 5736
$NQ: 20261 → 20100
✔ Trading Plan:
Short only if $NQ fails 20300 and closes below it.
Watch for rejection wicks and failed breakout attempts.
📚 Educational Insight – The Psychological 'XX300' Levels:
Levels like 19300, 20300, 21300 often act as major inflection points.
A daily close above unlocks a new range—often bringing in fresh momentum players and triggering algorithmic flows.
This phenomenon is common in index futures and heavily traded assets—professional traders track these levels closely.
📌 Final Thoughts – Market Outlook:
✔ Buyers remain in control but must defend 20300 ($NQ) today.
✔ Failure to break back below 20300 keeps the squeeze potential alive.
✔ Sellers are running out of time—today is make-or-break for them.
✔ Watch closing structure carefully—it may confirm the start of the next 1000pt move.
🔎 Stay patient, trade the key levels, and let price confirm the story!