Power Hour Update for Subscribers
Thursday’s Chop – Can the Market Hold Into the Close?
📢 Power Hour Update for Subscribers
🔍 Thursday’s Chop – Can the Market Hold Into the Close?
📊 Power Pivots:
🔹 $ES: 5703
🔹 $NQ: 19824
✅ Recap:
True to form, Thursday delivered the classic grind and chop—rallies, dips, and recoveries.
Despite the volatility, markets are mostly unchanged and slightly lower from the open.
Buyers and sellers remain locked in a battle ahead of tomorrow’s key weekly close.
📌 Key Levels Into the Close:
✅ Resistance Zones:
$ES: 5736 → 5780
$NQ: 19960 → 20100
🔻 Support Zones:
$ES: 5681 → 5649
$NQ: 19757 → 19600
📚 Market Outlook & Power Pivot Dynamics:
Power Pivots today show the market grinding around 5700 ($ES) and 19820 ($NQ).
Neither side has gained meaningful control—typical of a Thursday session where price coils up for a bigger move.
Holding above the Power Pivots keeps buyers alive.
Breakdowns below 5695 ($ES) would be the first real sign of weakness and warn of potential downside follow-through tomorrow.
🔑 Final Thoughts – Weekly Close Still the Big Focus:
✔ 5736 ($ES) remains the battleground for the week.
✔ Tomorrow’s session will decide if this week was a failed rally attempt or the start of a bigger recovery.
✔ Watch for end-of-day games—possible quick dips to 5681 ($ES) or spikes to 5780s ($ES).
✔ Daily close below 5695 ($ES) would tilt the edge to sellers and raise caution flags.
🔎 Patience here is key—stay disciplined and protect your gains heading into Friday’s close.
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