Power Hour Update for Subscribers
The Battle for Control
📢 Power Hour Update for Subscribers – The Battle for Control at 19904
âš™ Power Pivots:
$ES: 5635
$NQ: 19900
Today has been all about the battle for control. The market gave us a strong dip early, followed by a sharp intraday rally, but both sides remain trapped under yesterday’s key range. The back-and-forth action is evidence of two things:
Sellers are defending territory aggressively,
Buyers are stepping in at known support zones but struggling to gain traction.
The 19904 level on NQ is our primary sentiment gauge. If buyers can get and stay above it, momentum may shift temporarily in their favor. But failure to hold this level into the close means the bounce was nothing more than a short-term squeeze.
📌 Key Closing Levels to Watch
Upside Control Zones:
$ES 5697 – Our long-standing inflection level. Still the line in the sand for bulls.
$NQ 20149 – Sentiment flips bullish above.
Downside Targets:
$ES 5571 – The level that previously triggered a breakout. A breakdown here could initiate a much larger liquidation.
$NQ 19800 → 19660 – Zone to watch for bear continuation if 19904 fails.
📚 Strategic Takeaways
The market today is rotational, but with directional risk.
We saw both buyers and sellers take control at times, but no decisive break. These are the types of environments where power pivots help define who's winning each round.A close above 5635/$ES and 19904/$NQ signals strength, but we need to see strong follow-through into the final 30 minutes.
If price rolls over and closes near 5571 or lower, it validates the bear case and suggests continuation is likely tomorrow.
🎯 Trading Into the Close – Gameplan
Above 5635/$ES and 19904/$NQ → Expect continuation squeezes into 5669–5684.
Below 5571/$ES and 19800/$NQ → Watch for liquidation-style acceleration.
Neutral Zone → Chop likely. Take partial profits, stay nimble, and look for breakouts into Friday.
Stay nimble and disciplined. Both sides are fighting hard—let the levels guide your trades.