Power Hour Update for Subscribers
Big Squeeze Into the Close, Next Week in Focus
📢 Power Hour Update for Subscribers – Big Squeeze Into the Close, Next Week in Focus
📊 Power Pivots:
$ES: 5536
$NQ: 19473
📌 Overview – Another Failed Breakdown, Big Rally Instead
Today we saw another failed breakdown attempt followed by a sharp rally.
$ES 5480 acted as a strong floor — sellers tried to defend under 5499 but couldn’t muster enough strength.
The market then launched aggressively higher, tagging 5550s ($ES) and 19550s ($NQ) just before the Power Hour.
It’s been a wild reversal week:
Weekly lows at 5120s ($ES) and 17700 ($NQ)
Now just 100pts from the week's highs
Massive reversal that doesn’t give clear clues yet about the next big move.
🔑 Key Levels for the Close
✅ Support Zones:
5480: Critical – must hold to maintain bullish closing tone
5444: Breakdown retest zone
✅ Resistance Zones:
5553–5566: Immediate resistance into the close
5595–5611: Extension target if buyers press even harder
✅ Big Picture Zones:
Weekly support: 5120–5150
Weekly resistance: 5540–5595
Staying above 5480 into close = positive bias into Monday
Closing below = ominous and sets up risk for gap down next week
📌 Trading Scenarios Into the Close
✅ Scenario 1: Close Above 5480–5500
Bullish tone carries into next week.
Watch for possible continuation squeeze early Monday.
✅ Scenario 2: Fade from 5553–5566 and Close Near 5480
Potential bull trap setup.
Watch Monday open carefully for gap down or reversal clues.
✅ Scenario 3: Breakdown Back Below 5480 Late Today
Surprise bearish close.
Likely heavy selling early next week.
📚 Educational Insights – How to Prepare for Weekend Headline Risk
📌 1. What is Weekend Risk?
Markets are closed, but global events can still happen—political, economic, geopolitical surprises.
Big gaps up or down happen when reopening Sunday night (Globex) or Monday morning (Cash session).
📌 2. How to Protect Yourself:
✅ Tighten up swing trade positions.
✅ Scale down size if holding anything into the weekend.
✅ Recognize you’re gambling on news if you go home heavily positioned.
📌 3. Key Tip – Read the Close, Not the Headlines
If price closes strong, assume buying pressure remains.
If price closes weak, assume selling pressure could continue.
Let price action guide your preparation—not fear or hope.
🔥 Final Thoughts for Power Hour
Huge rally this week but still dangerous — don't assume trend continuation blindly.
Today's close is important: 5480 is the battleground.
Stay disciplined, plan your Monday now, and don’t get trapped by weekend headline risk.
🚀 Protect your capital—this is how we survive AND thrive!
#PowerHourUpdate #ES #NQ #MarketOutlook