Power Hour Update for Subscribers
Textbook Bear Market Behavior – Rallies That Fade and Resumed Selling Pressure
📢 Power Hour Update for Subscribers
🧨 Textbook Bear Market Behavior – Rallies That Fade and Resumed Selling Pressure
📊 Power Pivots
🔹 $ES: 5115
🔹 $NQ: 17676
Once again, the market is playing out with uncanny precision based on our prior analysis:
🔁 Massive 10% rally—followed by an immediate reversal lower.
This is exactly what happens in liquidity-starved, panic-driven bear markets:
Prices spike on relief and panic short-covering
Then almost instantly collapse as real sellers step back in
📌 Current Structure & Market Behavior
$NQ rejected from just under 17800 and is now pressuring 17100 again
$ES lost the 5122 level and is aiming for 4933, possibly lower
Both indices are well off the lows of the session, but it still feels heavy
📉 Intraday Lows So Far:
$ES: 4832
$NQ: 16400s
These lows are very significant—if they get retested and broken, expect acceleration.
🔑 Power Hour Levels to Watch
🔻 Key Resistance (must stay below for downside continuation):
$ES: 5122
$NQ: 17800
Failure to reclaim these = bear market still firmly intact.
🚨 Next Downside Targets:
$ES: 4933 → 4865 → 4800
$NQ: 17100 → 16800 → 16400 → 16000
📚 Market Education – Why These Rallies Aren’t Bullish
Don’t let the big rallies fool you:
📌 Rallies of 200–400 points are a feature, not a bug, of bear markets.
They are:
Short-covering events, not sustainable demand
Often engineered by trapped traders panicking
Followed by more intense liquidation as confidence breaks again
The key is understanding the rhythm:
Big drop
Reflex rally
Retest or new lows
Trap, squeeze, rinse, repeat
We are in that cycle right now. Don't fight it. Use it.
🎯 Trade Strategy – Power Hour Gameplan
Bias: Still bearish until proven otherwise
Scalp longs only off clear support bounces (tight stops)
Focus shorts on failed reclaims of key levels (e.g., 5122 / 17800)
Manage exposure into the close
🧭 Final Thoughts – Stay Strategic
✔ The market will continue to rally hard at times, but don't confuse that with a trend reversal
✔ This bounce from the lows looks like another trap, not the start of something sustainable
✔ Use the Power Pivots to measure bias and map intraday setups
Let’s finish strong, keep it sharp, and prep for what could be another wild overnight and tomorrow open.