Power Hour Update for Subscribers
Breakdown Confirmed, Sellers Take Control Into the Close
📢 Power Hour Update for Subscribers – Breakdown Confirmed, Sellers Take Control Into the Close
📊 Power Pivots:
ES: 5880
NQ: 21228
🧭 Market Recap – Retrace, Snap, Collapse
The market gave us the classic setup today—a full retrace into resistance, followed by a violent reversal.
NQ ripped to 21560s, completely retracing the overnight dip…
…and then dropped 400+ points in under 30 minutes.
ES lagged all morning, only managing to test 5950 before getting slammed down to new weekly lows in the 5860s.
This is classic distribution behavior—pull in late buyers, then unwind hard. Now, all eyes are on the 5895–5889 zone into the close.
📌 Key Levels Into the Close
🔻 Downside Structure
ES: 5860 → 5840 → Open space below here
NQ: 21100 → 20800 → Major liquidation targets
🔼 Reclaim Levels (Upside Traps)
ES: 5889 → 5895 → Last low + key pivot
NQ: 21270 → 21303
A close below 5895 (ES) and 21228 (NQ) would confirm continuation structure heading into the overnight session.
📍 Power Hour Scenarios
📍 Scenario 1: Confirm Breakdown With Weak Close
A close below 5889–5895 would confirm sellers remain in control and likely open the door to 5840–5825 ES and sub-21000 NQ.
📉 Strategy: Stay short-biased, but protect gains. If we close weak, watch Globex for continuation setups.
📍 Scenario 2: Buyers Reclaim 5895 / 21270 → Bear Trap Setup
If price reclaims the breakdown zone late in the session, could trigger short-covering rally into close.
📈 Strategy: Only engage on reclaim + confirmation. Otherwise, treat rallies as fades.
📍 Scenario 3: Chop Below Lows → Positioning for Next Session
Price grinds sideways between 5860–5895 into the bell. Sellers pause, but buyers can’t reclaim control.
⚖️ Strategy: Sit on hands. Watch final 10 minutes for directional intent into Globex.
📚 Auction Theory Insight – "Big Moves Invite Bigger Traps"
Always stay alert after a massive move. Why?
Because the market feeds on emotional traders who get too one-sided.
Right now, sellers are winning. But if buyers reclaim 5895 and hold it into the close → you’ll likely see trapped shorts scrambling to cover, creating the next squeeze.
Price below 5889 = downtrend confirmed
Price back above 5895 = vulnerability in the selloff
🔚 Final Thoughts – Don’t Let Velocity Cloud Your Process
Today’s move was fast. Violent. Sharp.
But that doesn’t mean easy.
A weak close confirms continuation
A reclaim sets up the trap
Either way—let price prove it
Stay grounded. Stay sharp. Let the tape guide the close.
#PowerHour #ES #NQ #FuturesTrading #AuctionMarketTheory #DowntrendConfirmed #MarketStructure