Power Hour Update for Subscribers
Divergences Flash as Buyers Lose Grip
📢 Power Hour Update for Subscribers – Divergences Flash as Buyers Lose Grip
📊 Power Pivots:
$ES: 5930
$NQ: 21405
🧭 Power Hour Context – Surge, Stall, and a Subtle Shift
After a massive intraday rally to fresh highs, momentum has begun to crack. The story of the last hour is one of divergence and rollover—especially notable in $NQ, which has retraced sharply from our 21533 upside target back to the 21300 zone.
$ES, by contrast, remains comparatively stable. It has struggled to dip below 5920, signaling stronger underlying bid interest. This mismatch between indices—the ES/NQ divergence—isn’t just noise. It’s a clear signal that higher timeframe participants are back in the game.
These kinds of dislocations are rarely random. They often precede bigger inflections in directional conviction.
📌 Key Levels into the Close
🔼 Upside Markers
$ES 5935 → Briefly took the market green YTD. Sellers rejected it once—watch for a retest.
$ES 5975 → Measured move target if bulls close strong above 5901.
$NQ 21533 → Intraday high and reversal point. Bullish above.
🔻 Support & Breakdown Triggers
$ES 5920 → Key pullback support. If it gives way, opens test to 5901.
$NQ 21300 → Reclaimed briefly, but fading again. A close below suggests buyers are exhausted.
$ES 5895–5901 → The daily battlefield. Bears must force a close below to stall the breakout thesis.
📍 Power Hour Trading Scenarios
📍 Scenario 1: Reclaim 5935 / 21533 → Squeeze Resumes
If price regains those zones with pace, shorts will be forced to cover into strength.
Strategy: Watch for volume ramp, aggressive tape, and hold above intraday VWAP. First move = trap. Second move = go.
📍 Scenario 2: Fade Continues Below 21300 / 5920
If the market keeps drifting and can’t hold above Power Pivots, late longs may start bailing.
Strategy: Watch for lower highs + loss of 5901. Ideal trade is short from failed reclaim attempts of 21350 / 5930.
📍 Scenario 3: Range Develops Between 5920–5935 ($ES) and 21300–21405 ($NQ)
Market balances after strong move. Reversion likely, but directional clues may come late.
Strategy: Fade extremes with tight stops. Last 10 minutes could deliver the real move.
📚 Educational Insight – Auction Theory Question: "What Is the Market Trying to Do?"
This is the core question of Auction Market Theory:
What is the market attempting to do—and is it succeeding?
Today, the market attempted to break out to new YTD highs.
$ES pushed above 5935. $NQ hit 21533.
The first response? Sell it.
Now we ask:
Is this just a pullback to reload?
Or the beginning of rejection?
If the market returns to these levels and fails again, we label it a failed auction.
If it regains them with force, the breakout continues.
The difference isn’t in the headline. It’s in the response to the test.
Use this framework every day. It keeps you focused on evidence, not emotion.
🔚 Final Thoughts – The Divergence Speaks Loudest
$ES is holding. $NQ is slipping. One of them is lying.
Power Hour may decide which one breaks. A strong close above 5901 = bulls still in control.
A fade below 21300 = sellers pressing hard into close.
📌 It’s not about what already happened—it’s about who is winning now.
Let the market show you.
Stay sharp. Stay level-headed. Let price tell the story.