NQ Power Range Report with FIB Ext - 5/17/2023 Session

NQM2023

- PR High: 13506.75
- PR Low: 13485.00

- NZ Spread: 48.75

Daily supply grinding higher after yesterday's inside close.
Peaking above PR+1.

Building Permits at 08:30 EST
Crude Inventories

Evening Stats (As of 1:15 AM)

- Weekend Gap: N/A
- Session Open ATR: 176.86
- Volume: 18K
- Open Int: 269K
- Trend Grade: Bear
- From ATH: -19.4% (Rounded)

Key Levels (Rounded - Think of these as ranges)

- Long: 13531
- Mid: 12959
- Short: 12392


Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
FibonacciSupply and DemandVolatility

Also on:

Related publications

Disclaimer