Power Hour Update for Subscribers
New Highs Tagged, Divergences Persist Into the Close
📢 Power Hour Update for Subscribers – New Highs Tagged, Divergences Persist Into the Close
📊 Power Pivots:
ES: 5972
NQ: 21481
🧭 Market Recap – Full Recovery, Then Higher
The market did what strong markets do—it backfilled the entire downside move, then pushed to fresh highs. ES printed 5988, and NQ tested our TA Pivots daily resistance in the 21530s, triggering a clean reversal. That short setup is working out beautifully into the final stretch.
But while ES continues to carry strength, NQ has started to weaken again—dropping back to the 21450 zone. The two have been passing momentum back and forth all session, which keeps direction murky without full alignment.
📌 Key Levels Into the Close
🔼 Upside Resistance Zones
ES: 5988 → 6005 → Range extension targets
NQ: 21530 → Prior resistance and intraday reversal level
🔻 Support Zones
ES: 5970 → 5954 → 5941
NQ: 21450 → 21370
📍 Daily Close Watch
Close above ES 5975 / NQ 21530 = confirms breakout momentum and opens potential for follow-through into 6005+
Close below ES 5958 = potential bearish tone shift for overnight session and early tomorrow
🎯 Power Hour Scenarios
📍 Scenario 1: Hold Above 5975 / 21530 → Bullish Continuation Structure
If bulls defend the 5970–5975 zone into close, expect the market to consolidate near highs and possibly push 6005 overnight.
📈 Strategy: Look for final hour flag formations or reclaim of failed wicks into resistance zones.
📍 Scenario 2: Fade Below 5958 / 21450 → Short-Term Weakness
Failure to hold 5958 or further weakness in NQ below 21450 suggests sellers might try to lean into overnight momentum.
📉 Strategy: Watch for slow bleed and VWAP rejections. Late-day weakness below support is a warning.
📍 Scenario 3: Neutral Grind Between 5958–5988 (ES) / 21450–21530 (NQ)
Price churns between support and resistance into the weekend. Big players reduce exposure without directional conviction.
⚖️ Strategy: Fade extremes lightly. Save size for Monday. Watch the last 10 minutes for a surprise imbalance.
📚 Auction Theory Insight – Passing the Baton Between Markets
This is a textbook example of rotational auction mechanics:
ES and NQ are not moving together, but trading off relative strength.
This creates an environment where one index’s strength props up the other, preventing breakdowns.
To trigger broader downside, both must fail simultaneously.
Think of it like a relay race:
When one runner (ES or NQ) slows, the other picks up the pace. Until both stumble, the race continues higher.
Use this as a cue: if one starts fading hard, watch for the other to follow. Don’t short just because one looks weak—wait for confirmation across both.
🔚 Final Thoughts – Inflection Close Ahead
We’ve reached the edge of a critical breakout. A close above 5975 / 21530 sets the stage for another leg higher next week. A rejection and fade under 5958 / 21450 shifts the tone.
The final hour is all about who controls the close. One strong push or flush could shape the next 48 hours.
Let price prove it. Stay clear. Stay responsive.
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