Power Hour Update for Subscribers

Market Overview – Sellers Fight Back

📈 Power Hour Update for Subscribers

🔍 Market Overview – Sellers Fight Back

Today’s session saw a hard dip off the open, with buyers failing to regain control. Despite yesterday’s bullish outlook, sellers have stepped in aggressively, preventing any meaningful recovery.

🔹 Key levels we outlined—6128-6144 ($ES) and 22160 ($NQ)—remain in play.
🔹 Sellers have successfully defended 6140 ($ES) and 22212 ($NQ), maintaining downward pressure.
🔹 The breakout level at 6107 ($ES) remains untested.

At this point, the battle is clear:

• If buyers can hold support and reclaim key levels, upside momentum could resume.

• If sellers remain in control, we could see continued downside pressure into tomorrow.

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📊 Power Pivots & Market Structure

🔹 $ES Power Pivot: 6130
🔹 $NQ Power Pivot: 22163

📌 Key Observations:

• $ES: Rejected hard off 6140. As long as price remains under this level, the path of least resistance remains lower.

• $NQ: Retested 22100, which has been a major inflection point. Bouncing from this zone, but needs confirmation.

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🚀 Key Levels to Watch into the Close

1️⃣ Upside Potential – Buyers Need to Regain Control

🔹 6140 ($ES) & 22212 ($NQ) – Resistance Levels

• Sellers remain strong below these levels.

• Buyers need to reclaim and close above these zones for further upside.

• Above 6140, targets open to:

  • 6155 / 6175 ($ES)

  • 22300+ ($NQ)

📌 If sellers show exhaustion above 6140 ($ES), it could trigger a late-day short squeeze.

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2️⃣ Downside Risks – What Sellers Need to Maintain Pressure

🔻 6107 ($ES) – Key Support Untested

• If price moves back down, this remains a critical inflection point.

• A break of 6107 can trigger a much larger sell-off.

🔻 22100 ($NQ) – Bounce or Breakdown?

• $NQ bounced from our key level at 22100, but failure to hold would mean:

  • Next target: 21971 ($NQ)

  • Deeper downside risk: 21850 zone

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📚 Educational Insights – Spotting Seller Strength vs. Weakness

Today’s price action provides a classic example of how sellers can regain control after an extended rally. Here are a few signs of seller strength:

1️⃣ Lower Highs & Strong Rejections:

• $ES repeatedly failed at 6140, confirming it as a strong resistance level.

• $NQ rejected 22212, signaling that buyers are struggling at key levels.

2️⃣ Heavy Selling at Resistance:

• Every push higher has been met with strong selling pressure.

• This indicates that larger players are using these levels to offload positions rather than initiate longs.

3️⃣ Breakdowns Followed by Weak Bounces:

• $NQ bounced at 22100 but is not showing aggressive follow-through.

• If buyers were in full control, we’d expect a sharper rally from key levels.

🔍 What Does This Mean for Us?

• If we see exhaustion above resistance (6140 / 22212), sellers likely remain in control.

• If buyers reclaim and push through these levels, the downside pressure may weaken.

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🔎 Final Thoughts & Trading Strategy for the Close

• Sellers remain in control as long as $ES is below 6140 and $NQ below 22212.

• Watch 6107 ($ES) closely—if it breaks, expect a sharper move lower.

• $NQ must hold 22100 or risk more downside toward 21971.

• If price closes weak today, it sets up a potentially bearish tone heading into tomorrow.

👀 Stay sharp—how we close today will provide major clues for tomorrow’s game plan!