Power Hour Update for Subscribers
Triple Tap or Trap? – Setting the Stage for Tuesday’s Play
📢 Power Hour Update for Subscribers
Triple Tap or Trap? – Setting the Stage for Tuesday’s Play
⚡ Power Pivots:
$ES: 6016
$NQ: 21841
🧭 Market Overview
Price action is setting up like a loaded spring — and Power Hour may be the calm before the next storm.
The session has been leaning heavy, with $NQ pressing into triple bottom territory at 21787 and $ES fading off the 6030s. But so far, there's no panic — just slow deterioration, hinting that a bigger move is brewing.
This follows the familiar OPEX week rhythm:
Grind up early week
Trap traders late
Unleash volatility into expiration
Today’s action looks like it’s stalling, possibly holding this range through the close before setting up for a Tuesday flush — unless buyers flip the script with a last-hour squeeze.
📚 Auction Market Theory Insight – The Psychology of the Triple Bottom
21787 on $NQ has now tagged twice, and technically a third tap makes it either:
A confirmed support that springs the next leg up
A magnet that eventually breaks and liquidates late longs
That’s the dilemma here — and structure matters.
The second tag was bought, but with less force. If buyers can’t reclaim 21860+ and hold, then the third touch becomes dangerous, as it's often where liquidity dries up and stops get run.
Remember:
🧠 Smart money defends first and second touches.
💣 Weak hands defend the third.
And when the weak hands run out of conviction, we get flushes.
🎯 Key Levels
$ES:
Resistance: 6030 → 6057 → 6100
Support: 5995 → 5978 (gap fill)
Breakdown Risk: Below 5978 opens path to 5930
$NQ:
Resistance: 21860 → 21971 → 22055
Support: 21787 → 21750 → 21676 (gap fill)
Breakdown Risk: Triple bottom failure at 21787 targets 21676 fast
🔭 Scenario Branches
Tuesday Trap Setup (Most Probable)
Price holds above 21787 / 5995 into close
Gaps up or trades higher Tuesday morning
Fades hard back into 5970 / 21676
OPEX unwind follows
Triple Bottom Fail – Liquidation Event
$NQ loses 21787 with conviction
$ES breaks 5995 and volume spikes
Downside opens fast to 21676 / 5978
Panic triggers → V-reversal later this week possible
Squeeze Reclaim
Price reclaims 21860+ and 6030+ into the close
Holds above Power Pivots
Sets up rally to 6100 and 22100 this week
Traps bears leaning too hard
📖 Execution Notes
If you’re short, you’re not wrong yet — but take partials if you're deep in profit.
If you’re flat, watch the 3rd touch on 21787 like a hawk.
If you’re long, you need confirmation — not hope.
📌 Final Thought – Don’t Predict the Flush, Prepare for It
Today’s price action is coiling into a decision zone, and the market is likely saving its real move for Tuesday. We’re at the hinge point.
The trap is expecting clean trends into OPEX — they often fake, shake, and break in unexpected sequence.
Stay sharp.
Structure confirms — emotion misleads.