π’ Morning Update for Subscribers β Compression After the Storm
Open Pivots:
$ES 6019
$NQ 21857
π Market Overview:
Yesterday delivered the precision rejection weβve been preparing for.
$ES rallied cleanly into 6040 and dropped 50 points
$NQ tagged 21971, our long-standing control zone, and fell nearly 300 points
The sell-off was fast, aggressive, and intentional β not just random volatility
But just as quickly, buyers stepped in:
$ES found support at 5980s, retesting prior acceptance zones
$NQ bounced sharply off 21700, our battle-tested value zone
Now? Weβre back to mid-range balance.
π― Key Zones to Watch:
Upside Bias Zones:
$ES: 6025 β 6040 β 6070
$NQ: 21830β60 β 21971 β 22149
Downside Bias Zones:
$ES: 6015 β 5984 β 5970
$NQ: 21740 β 21676 β 21530
π Auction Market Theory Insight:
We are in late-cycle balance after a failed breakout and responsive liquidation.
This opens the door for two paths:
Continuation Higher β Only confirmed above 6040 with volume and acceptance.
Transition to Sell-the-Rip β If buyers fail to hold 6025 ES or 21830β60 NQ, the next attempt higher may be aggressively sold into.
Remember: Balance precedes movement.
But today, movement will reveal who controls the auction now:
Is this just another failed fade before trend continuation?
Or are we rotating from bullish structure to distributive action?
π Final Thoughts:
This morning is a test of conviction.
The reactive selloff was real β but so was the bounce.
Weβre caught in a battle of structure vs. emotion.
Let price acceptance at the key levels guide you.
If we close above 6040/21971, the bulls reclaim dominance.
If we bleed under 5984/21676, this may have been the top.
Stay tactical. Stay objective.
And donβt chase spikesβeither direction.