Power Hour Update for Subscribers
Breakdown Continues, Eyes on 5250
📢 Power Hour Update for Subscribers – Breakdown Continues, Eyes on 5250
📊 Power Pivots:
$ES: 5291
$NQ: 18274
📌 Session Recap – Sellers Dominate, Bulls Lose 5380
Today’s price action followed our roadmap perfectly:
The market rejected any reclaim attempt above 5380, and sellers drove price lower in a controlled, persistent bleed.
$ES hit 5280s, and $NQ remained weak, unable to retake 18500.
The morning's consolidation faded quickly into renewed selling by midday.
We noted earlier this week that 5380 was the last line of defense—and bulls failed to defend it. Now the path to 5250 and even 5238 is wide open.
📌 Key Levels into the Close
🔻 Downside Targets:
5280 (already tagged) → Holding for now but looks vulnerable.
5250 → Next major level; likely tested before week’s end.
5238 → Swing structure target and key demand zone.
🔼 Upside Resistance:
5315 → First resistance going into the close; sellers want a daily close beneath this level.
5355 → Major resistance now; would need a reclaim here to shift tone.
📌 Close Watch – Why 5315 Matters
A daily close below 5315 confirms continued seller control and could signal more liquidation pressure into tomorrow and next week.
It also further confirms the bearish momentum shift we highlighted after the 5420 rejection and 5380 failure.
While a late squeeze isn’t out of the question, price would need to reclaim above 5330–5345 quickly to flip sentiment into the close.
📚 Educational Insight – Bear Trend Behavior in Power Hour
In sustained downtrends:
Power hour often accelerates the trend, especially if support breaks during lunch hours.
Buyers typically exhaust themselves early in the session. If they can’t follow through by midday, late-day pressure favors sellers.
Failed reclaim attempts (like we saw today at 5380 and 5315) are classic signs of trend continuation.
If price stalls or rolls again below 5300, sellers may push into the final 30 minutes to target a weak close and gap continuation.
📌 Final Thoughts
✅ Sellers remain in full control below 5380 and 5315.
🚩 All eyes on 5250 and 5238 if 5280 gives out.
🧠Stick to level-based plans—don’t assume reversals unless proven by price reclaim.
📉 Trend is intact—protect profits, and don’t overstay countertrend trades.
Stay sharp into the close!