📢 Power Hour Update for Subscribers
Big Push Achieved — Now the Close Decides
📊 Power Pivots:
ES: 6486
NQ: 23595
🧭 Market Overview
Did we call that move out or what. We knew they wanted it — the question was just which path they’d take to get there. Today’s rally sent ES far beyond expectations, while NQ lagged, giving us a split tape heading into the weekend.
On any other day, a rally like this in ES would have pulled NQ to new all-time highs, but tech’s underperformance leaves us with mixed signals. Meanwhile, the weekly lows are still vulnerable, reminding us this could still just be the “opposite move first” play — the market checked the highs before circling back to the lows.
The close now matters. A close above 6500 ES could unleash a major upside breakout going into next week. A close below 6480 ES instead keeps us in chop and consolidation mode, with sellers eyeing unfinished business at the lows.
🎯 Key Levels
ES:
Bullish Continuation: > 6500 close
Chop/Consolidation: < 6480 close
Downside Reference: 6415 → 6341–6354
NQ:
Resistance: 23676 → 23906
Support: 23540 → 23370
Big Picture: Still lagging ES, needs confirmation to join upside
🧠 Scenario Branches
Continuation Breakout
Trigger: ES closes above 6500
Target: ES 6530+, NQ 23780–23900
Confirmation: Strong delta and momentum follow-through into the bell
Consolidation / Chop
Trigger: ES closes between 6480–6500
Target: Neutral overnight balance, retests next week
Confirmation: Overlapping bars, muted order flow
Reversal Risk
Trigger: Close below 6480 ES and 23540 NQ
Target: ES 6415 → 6350s, NQ 23370 → 23130
Confirmation: Heavy sell delta late, failure to retake pivots
🔚 Final Execution Cue
The buyers delivered the rally, but NQ’s lagging response is a caution flag. Above 6500 ES, the tape can explode higher. Below 6480 ES, it’s just more chop with unfinished downside risk.
Respect the close — it decides if this breakout breathes into next week or stalls into more balance.