Power Hour Update for Subscribers
Breakout Progresses, 5780s in Sight?
📢 Power Hour Update for Subscribers – Breakout Progresses, 5780s in Sight?
📊 Power Pivots:
$ES: 5713
$NQ: 20220
📌 Afternoon Market Recap & Analysis
It’s been a textbook session today with multiple levels hit and respected. We kicked off with choppy price action, but the market eventually leaned into the 5704 breakout zone and never looked back.
We flipped bias from short to long right on cue—first calling out the rejection plays, then catching the upside thrust. This is the kind of level-to-level, adaptive trading that matters most in this environment.
With the breakout underway, the market is now pressing into the 5720s, and 5780+ is starting to look possible, especially if bulls can sustain price above key levels into the close.
📌 Key Levels Into the Close
📈 Upside:
5720: Immediate breakout level. Holding above this may lead to:
→ 5730s
→ Then possibly 5780s by early next week.
📉 Downside:
5697: Critical support into the close. A close below this level could be ominous for the bulls.
5630: Next key downside level if sellers reclaim momentum.
📅 Weekly Perspective – Closing Structure Matters
A weekly close near 5738 could suggest an inflection point.
Is this strength continuation or setting up for a rug pull Monday?
The structure of the close often foreshadows the next major move.
If we fail to hold 5697 today, this could become a “look above and fail” scenario that leads to heavier selling early next week.
📌 Trading Plan Into the Bell
Watch 5720 for breakout continuation.
Trade 5730s cautiously — price may fade or stall into that resistance zone late day.
If we fail at 5720 and drop back under 5697, watch for quick reversals and downside targeting 5630.
🔥 Final Thoughts
Today’s levels worked like a roadmap—trading cleanly from resistance to support to breakout.
Power Hour will give us important clues into how next week may start.
Stay nimble: strong closes can fake, weak closes can trap.
Let price prove its intention and trade accordingly.
#PowerHour #ES #NQ #MarketUpdate #FuturesTrading #BreakoutLevels #EndOfWeekAnalysis