Morning Update for Subscribers

Bullish Momentum Carries into Thursday

---

📢 Morning Update for Subscribers – Bullish Momentum Carries into Thursday

---

📊 Open Pivots:

• $ES: 5645

• $NQ: 19980

---

📌 Overview – Breakout Levels Holding, More Upside Unlocked?

Prices closed strong yesterday above 5561, and that confirmed the bullish continuation setup we've been tracking. It triggered fast upside follow-through into 5600, then into 5660s overnight—nearly tagging our target. We're close enough to say: target achieved ✅

Buyers now control the tape as long as key levels hold. But volatility is still elevated, and yesterday's 200+ point range for $ES gives the market plenty of room to move.

---

📌 Key Support Zones (For the Bull Trend to Stay Alive):

• 5639: The key breakout from yesterday’s power hour. Holding this = upside bias intact.

• 5616: Globex midpoint. Intraday dip buyers may step in here.

• 5585 & 5561: Minor supports from the breakout structure.

• 5531: Yesterday’s RTH midpoint. Break below this = trouble for bulls.

---

📌 Resistance & Upside Targets:

• 5697: Prior target, now in striking distance. A break above opens the door for a run to:

• 5720 → 5770 → 5802 (next major upside magnets if the squeeze continues).

---

📌 Key Control Zone for $NQ: 19971–20149

This is the zone to watch:

• Hold above 19971: Squeeze continues.

• Break and hold above 20149: Sets up a push toward 20500+.

• Lose 19971: Signals weakness and can lead to a fast test of 19800 → 19636.

---

📚 Educational Insight – Large Ranges Create Opportunity

When a market posts a huge range like yesterday’s 200+ pt move, it expands the reference framework:

• More levels = more opportunity, but also more traps.

• Let the market come to the levels, then react to what price does at the level – not before.

• These ranges provide clear inflection zones, but the key is confirmation from:

  • Bar closes

  • Reactions to midpoints

  • Behavior around value zones

Don’t get caught chasing. The second move is usually the better one.

---

🛠 Trade Plan Scenarios for Today

📌 Scenario 1 – Breakout & Continuation

• Price holds above 5639 / 5616

• Upside continuation to 5697 → 5720

• Use dips to support zones for measured long entries

📌 Scenario 2 – Failed Breakout & Retracement

• Price loses 5639 → triggers test of 5616 / 5585

• Break below 5561 = momentum shifts to sellers

• Target back to 5531 or even 5473 if the move accelerates

📌 Scenario 3 – Range Develops Between 5616 and 5697

• Expect balance behavior, wait for breakout

• Use edge-to-edge setups within range

• Watch for fakeouts and failed breakouts at highs/lows

---

🔎 Final Thoughts

• Buyers have momentum, but sellers haven’t gone away.

• Above 5639, bulls stay in control and more upside is likely.

• Below 5616, things get trickier and could trap longs.

✅ Stay patient, let the market come to your level, and trade with confirmation.
✅ Remember: volatility works both ways—big gains or big traps.

---