Power Hour Update for Subscribers

Wild Wednesday Whiplash

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📢 Power Hour Update for Subscribers – Wild Wednesday Whiplash

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📊 Power Pivots:

• $ES: 5545

• $NQ: 19492

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📌 Overview – From Gutter to Glory and Back Again?

What a ride.

Today’s price action took traders from doom and gloom to euphoria and denial—all before the closing bell. It’s been classic Wednesday volatility with a side of emotional whiplash.

Prices collapsed in the early session, only to stage a relentless rally that now faces critical resistance into the close.

Right now, the battle is for a daily close above 5600 ($ES). Will buyers secure the high ground—or was this all a short-lived squeeze?

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📌 Key Inflection Levels into the Close

🔑 Upside Resistance:

• $ES 5561 – Major resistance level. A daily close above here gives bulls the greenlight to aim for 5669+.

• $NQ 19405 – Bias line. Must hold to maintain control of the tape.

🔻 Downside Support:

• $ES 5530 – Key for support. Lose it and expect a push back to 5473 → 5420.

• $NQ 19300 – A close below this line signals serious trouble for bulls.

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📚 Educational Insight – "Power Hour is the Real Truth"

Why is the last hour so important?

• Power Hour exposes true conviction.

• Intraday noise gets cleared out.

• This is where institutional players step in to position for the next session or unwind before risk events.

➡️ A close above key resistance (e.g. 5561) signals buyers are in control and not just short-covering.
➡️ A close back under support (e.g. 5530) tells us it was a pop and drop, setting up for lower.

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🛠 Trade Scenarios into the Close

📌 Scenario 1: Hold 5561 – Target 5669+

• Buyers close above this key breakout zone.

• Sets up overnight continuation or gap-and-go into Thursday.

📌 Scenario 2: Fail Below 5530 – Back to 5420s

• If the late rally fails and sellers reclaim 5530, expect swift downside into Thursday's open.

• Potential unwind back to Tuesday's lows.

📌 Scenario 3: Trap & Coil

• If price holds between 5530–5561, expect overnight chop and likely resolution Thursday.

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💡 Final Thoughts – Today Is Not the Top… Unless It Is

• We’re at a critical crossroads.

• The rally was powerful—but was it just a short trap or genuine buying?

• Price needs to prove itself into the close.

✔ Watch 5561 and 5530 closely.
✔ Watch where $NQ finishes relative to 19405 and 19300.

This will tell us everything about whether we trade up to 5669 or start the walk back to 5420s.

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#PowerHour #ES #NQ #MarketUpdate #FuturesTrading #AuctionTheory

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