Power Hour Update for Subscribers
New Lows Hit – Could This Be the Next Leg Down?
📉 Power Hour Update for Subscribers
🔥 New Lows Hit – Could This Be the Next Leg Down?
📊 Power Pivots:
🔹 $ES: 5475
🔹 $NQ: 18810
After a relentless day of downside, buyers remain trapped well above $5700, and $NQ is far below 19,000 with no signs of meaningful relief into the close.
We called the short at 5535 ($ES) and above 19,000 ($NQ)—and those who executed the plan were rewarded with a massive move lower.
🔍 Market Review – Trapped Buyers, No Relief
$ES high of day: 5540, which was immediately sold into.
$NQ tagged 19020s and then began the slow grind lower into freefall.
Price is now exploring new lows, and we’re entering territory where capitulation and liquidation events become more likely.
There have been zero signs of a bounce, meaning bulls are either frozen or absent.
📌 Key Levels into the Close
Downside Watch:
$ES: 5443 → close below here signals breakdown could accelerate to 5350 → 5300.
$NQ: 18650 → next zone before vacuum-style move toward 18300.
Upside Reclaim Zone (Bearish Invalidations):
$ES: Must reclaim 5510 intraday to even consider a short-term bounce.
$NQ: Needs to get back above 18975 to escape the bear grip.
⚠️ What’s Next? Liquidation Watch
We are entering the danger zone of forced selling. If today closes below $ES 5443, it would mark:
A third consecutive strong down close
A close at new 2025 lows
A confirmed rejection of any bounce attempts from earlier this week
That combination increases the likelihood of a fast continuation move to 5300 ($ES) and 18300 ($NQ) next.
🧠 Trade Review & Psychology Tip
You followed the playbook:
✅ Wait for price to hit 5535 and 19000
✅ Enter the short
✅ Ride the move down
Now… don’t give it back.
The final hour often includes:
Panic sellers who held too long
Exhausted shorts covering
False bounce signals designed to trap late entries
⚠️ Protect your gains.
Take profits, trail stops, and avoid revenge trading if you missed the move. New opportunities will come—this was just one phase of what might be a multi-leg bear cycle.
🧭 Final Thoughts – End of Day Signals
Close below 5443 ($ES) = bear engine revs for 5300
Close above 5495-5505 = possible relief bounce next week
$NQ stuck below 18900 = bears still in full control
Let price speak—don’t guess. You were prepared for this move—now manage it like a pro.
#PowerHourUpdate #ES_F #NQ_F #Liquidation #TradePlan #AuctionTheory