๐ข Power Hour Update for Subscribers โ Still Lagging, But The Squeeze Isn't Done Yet
๐ Power Pivots:
ES: 5931
NQ: 21454
๐งญ Market Recap โ ES Trails, NQ Leads, But Buyers Still Pressing
NQ pushed nearly to 21500, while ES lagged behind but still managed to hit our 5935 target and slightly exceed it. That small extension tells us something important:
When a level is breached by a single tick or gets front-run, the market is revealing its intent.
A tick above โ buyers still want higher.
A miss by a tick โ likely to trap and reverse.
In this case, the tick above 5935 hints that ES has more in the tank. Meanwhile, NQโs strength continues to drive intraday sentiment. As long as ES holds above 5917 and NQ holds 21405โ21420, bulls are still in control into the close.
๐ Key Levels Into the Close
๐ผ Upside Targets
ES: 5958 โ 5977
NQ: 21500 โ 21630
Both markets are working through thin supply zones. If there's any late-day volume push, we could see acceleration into these targets.
๐ป Downside Backtest Zones
ES: 5917 โ 5869
NQ: 21405 โ 21170
These are the origin points of the squeezeโthe levels that triggered the unwind. Markets love to revisit these zones to validate them. If weakness emerges, this is where price wants to go.
๐ Power Hour Scenarios
๐ Scenario 1: Hold Above 5931 / 21454 โ Continuation Squeeze into Close
Momentum stays with buyers. Price grinds higher into 5958+.
๐ Strategy: Look for reclaim of micro-pullbacks above 5935 / 21460. Use strength confirmation to enter late-day breakout.
๐ Scenario 2: Stall at Resistance โ Fade Into Close
Failure to push above 5935 or hold above 21460 could trigger a soft fade to retest earlier demand zones.
๐ Strategy: Watch for VWAP rejection or reversal wick off 5950 (if tested). Targets: 5917 / 21405.
๐ Scenario 3: Sharp Reversal and Backtest of Origin Zones
Strong rejection sends price back toward the 5869 / 21170 base that launched the squeeze.
โ ๏ธ Strategy: Only short if 5917 / 21405 fails cleanly. Let price prove the weakness.
๐ Auction Theory Insight โ Levels Are Conversations, Not Absolutes
The best levels arenโt always touchedโtheyโre tested psychologically. That one tick above 5935 matters. Why?
Because it tells us the market isnโt finished exploring that path.
Front-run levels create anticipation.
Tick-past levels confirm intent.
Structure is dynamic. Read the storyโnot just the number.
๐ Final Thoughts โ Watch 5917 and 21405 Into the Bell
Hold above = bullish structure confirmed
Break below = soft fade or full reversal back to origin
Markets are pressing, but still fragile. Protect profits. Donโt fight trend late in the dayโjust read it.
Let the tape lead. Stay reactive, not predictive.
#PowerHour #ES #NQ #FuturesTrading #AuctionMarketTheory #IntradayStrategy #ClosingStructure