Power Hour Update for Subscribers
Breakdown Confirmed – Now Watching for the Close
📢 Power Hour Update for Subscribers
🔻 Breakdown Confirmed – Now Watching for the Close
📊 Power Pivots:
🔹 $ES: 5628
🔹 $NQ: 19438
The market made its decision—and it was down.
Once price broke 5715 ($ES) and 19906 ($NQ), sellers flooded in and triggered a sharp, decisive selloff, hitting our downside target at 5630 ($ES) almost to the tick.
📉 Market Behavior into the Final Hour
This is now the second consecutive close below 5736, with both daily and weekly structure pointing toward a confirmed trend shift to the downside.
✔️ $ES has dropped over 100 points off the highs this week.
✔️ $NQ has lost nearly 1000 points since the recent squeeze high.
📍 Key Final Hour Levels
🔻 Downside Levels to Watch:
$ES: 5640 → 5592 → 5575
$NQ: 19300 (critical) → 19250 → 19084
⚠️ A close below 5592 ($ES) and 19300 ($NQ) would be a very bearish sign heading into next week, potentially setting up a slide toward 5500 and 18800 in the coming sessions.
🔄 Relief Rally Thresholds:
$ES: 5681 → 5715
$NQ: 19570 → 19700
Only a strong reclaim and close above 5681 will open the door to stabilization and relief into Monday.
📚 Education – Power Pivots & Momentum
Today’s action is a textbook case of Power Pivot confirmation:
✔️ Power Pivot = 5628 ($ES), and price respected that zone during the midday bounce.
✔️ Price action accelerated lower after reclaim attempts failed at former support (5715).
Power Pivots offer dynamic confirmation of trend strength. When price breaks support and fails to reclaim the pivot, it’s a signal to stay on the side of momentum.
📌 Final Thoughts – Into the Close
✅ Sellers are in control unless buyers can reclaim 5681.
✅ A daily/weekly close below 19300 ($NQ) confirms the breakdown.
✅ Watch for trap setups in the last 30 minutes—sharp pops can bait buyers before flushing lower.
✅ If price stalls above 5640 but under 5681, expect chop going into Monday.
Stay alert. It's Power Hour for a reason. The market is deciding the tone for next week right now.