Power Hour Update for Subscribers
Markets Cling to Support—But Is Another Liquidation Coming?
📢 Power Hour Update for Subscribers
🔻 Markets Cling to Support—But Is Another Liquidation Coming?
📊 Power Pivots
🔹 $ES: 5148
🔹 $NQ: 17757
Compare these to this morning’s Open Pivots:
🔸 $ES: 5212
🔸 $NQ: 18171
➡️ That’s a 60+ point drop on $ES and over 400+ points on $NQ just during the day session. This confirms that the intraday trend is firmly bearish, and the market remains under heavy distribution.
🔑 Key Level: $ES 5150
This is the line in the sand.
If price can stay above 5150 into the close, it may open the door for a relief rally next week.
If it fails to hold, another liquidation-style drop is just a matter of “when,” not “if.”
We’ve got a vacuum of liquidity below, and next major support is psychological 5000.
⚠️ Risk Conditions Remain Extreme
Earlier today we stressed: “This is not a market for beginners or small accounts.”
The volatility and algorithmic momentum makes it too easy to be:
Chopped up by 30–60 pt swings in minutes
Caught in false breakouts / breakdowns
Tempted to revenge trade
But if you stayed patient and used our levels, you saw how well-respected they were all session.
✅ We mapped:
5212 as open pivot resistance
5150 as major inflection
5000 as downside magnet
And so far, price has responded to these zones with precision. That’s the power of Auction Theory-based levels—and few can deliver this consistently.
🧠 Market Context: How to Read This Late-Day Setup
Here’s what to watch heading into the close:
📌 Bullish Scenario:
Buyers must reclaim 5174 and 5185 intraday
This would invalidate the current breakdown and set up a test of 5212 breakout
A daily close above 5175 would soften the downside outlook—though still bearish bias overall
📌 Bearish Scenario:
Lose 5150, and it opens the door to 5100 → 5055 → 5000 magnet zone
Especially if volume expands in the final hour, look for fast acceleration if liquidity evaporates
📌 Final Thoughts – Clean Execution in Dirty Conditions
The market is delivering massive volatility and asymmetric opportunity—but only for those with a plan.
If you’re riding this trend:
Trail stops
Scale out
Protect gains
Momentum remains down. Until buyers can hold a daily close above 5175–5212, the path of least resistance is lower.
Stay nimble and trust the levels.