Power Hour Update for Subscribers
Afternoon Check-In – Popped, Dropped, and Back to Key Support
📢 Power Hour Update for Subscribers
🕒 Afternoon Check-In – Popped, Dropped, and Back to Key Support
📊 Power Pivots
$ES Power Pivot: 5087
$NQ Power Pivot: 17563
As expected, today gave us a textbook pop-and-drop session. Prices rallied early — $ES tagged 5305 and $NQ hit a strong momentum high — but both quickly reversed, providing sharp, clean short setups that we were anticipating.
Now, we’re back near $ES 5070, a level that may prove critical into the close.
🔍 Market Recap
$ES:
High: 5305
Low (so far): 5070
Back under 5100 and fighting at the critical 5070 level
$NQ:
High: ~17950
Low: ~17500
Losing 17600 again, and testing 17563 (Power Pivot)
Buyers had their chance today, but the rejection near 5300 and 18100 now casts doubt on the strength of the recent rally. Still, volatility remains high and sharp reversals are a real possibility — especially late in the session or overnight.
🔑 Key Levels Into the Close
⚔️ Battlefield:
$ES 5070 → This is the battleground into the close
$NQ 17563 → Power Pivot: holding below adds weight to further downside
🔻 Downside Targets (if rejection holds):
$ES: 5040 → 4933 → 4865
$NQ: 17300 → 17100 → 16900
🚀 Upside Recovery (squeeze scenario):
$ES: Back above 5125 → Possible squeeze to 5200
$NQ: Reclaim 17660 → Opens door to 17900-18100
📚 Educational Insight: Power Pivots vs Open Pivots
Open Pivots set the tone for early directional bias
Power Pivots (intraday volume-adjusted dynamic levels) measure sustained pressure
Holding below the Power Pivot means sellers are applying pressure. Holding above = buyers pressing the advantage.
Right now, both $ES and $NQ are holding below — that gives sellers the upper hand, at least for now.
🧭 Closing Thoughts
✔️ 5070 on $ES is the key battleground
✔️ A daily close below 5070 supports continuation lower — maybe to 4933
✔️ A close above could suggest a shakeout and another squeeze attempt tomorrow
✔️ Watch NQ’s behavior around 17563 — it's been slippery but important
Today was all about patience and precision. Tomorrow could bring more of the same volatility, so protect your capital and stay tactical.