Power Hour Update for Subscribers
Pop & Drop Confirmed – Prices Crashing into the Close
📉 Power Hour Update for Subscribers
🔻 Pop & Drop Confirmed – Prices Crashing into the Close
We were spot on about the pop and drop setup—markets tried to push higher but ultimately failed, leading to a sharp sell-off into Power Hour.
Now, the focus shifts to key support zones and whether $ES can hold 5895 into the close. A daily close below this level could open the door to an even bigger after-hours sell-off.
📊 Market Overview & Power Pivots
🔹 $ES Power Pivot: 5927
🔹 $NQ Power Pivot: 21870
📌 Key Levels to Watch into the Close
🔻 Downside Risks – Sellers in Full Control
📍 5895 ($ES) – Must-Hold for Bulls
If $ES closes below 5895, expect more liquidation selling.
Next targets:
5880 → 5855 → 5830
NQ 21800 → 21676 → 21485
📍 Overshoot Levels for Extreme Selling
Below 5903, the market enters unexplored territory in this sell-off.
The next key downside level is 5860, a prior liquidity zone.
🚀 Possible Rebound Zones – Where Buyers May Step In
✅ 5925-5935 ($ES) – Short-Term Bounce Zone
If price stabilizes above 5925, there’s potential for a bounce back to 5950-5975.
✅ 21800 ($NQ) – Key Support Test
Strong support level, but an overshoot to 21676 is possible before any meaningful recovery.
📚 Market Education: Reviewing Our Previous Downside Levels
In past updates, we discussed how:
1️⃣ Failure to close above 5995 would keep the downtrend intact.
2️⃣ Sellers remain in control below 5975, meaning any rallies were likely to fade.
3️⃣ 5903 was a key level, and a break below would signal further downside, which is exactly what happened.
What This Means for Trading Strategy
🔎 Key Lessons from Today’s Price Action:
Bear market rallies are violent but short-lived. Sellers continue to dominate.
Breakdowns often overshoot major levels before stabilizing. Watch 5895 and 21676 carefully.
Look for exhaustion signals at major support before entering longs.
📍 Final Thoughts – Momentum Strongly Bearish
✔ Daily close below 5895 ($ES) and 21800 ($NQ) is dangerous for bulls.
✔ Next downside test is 5860 and 21676 – these levels must hold.
✔ If buyers fail to recover these zones, the market may continue to unwind into tomorrow.
⚠ Stay disciplined—let the market show its hand before jumping in!