NQ Power Range Report with FIB Ext - 6/2/2023 Session
NQM2023- PR High: 14496.25
- PR Low: 14487.50
- NZ Spread: 19.75
Pre-RTH Economic Events:
08:30 – Average Hourly Earnings
- Nonfarm Payrolls
- Unemployment Rate
Lowest volume and spread of the week.
Trading in the yesterday's highs
- Strong supply run throughout the session.
Picture painted to excite breakout traders.
- Potential short squeeze off daily flag.
Evening Stats (As of 2:05 AM)
- Weekend Gap: +0.50% (filled)
- Session Open ATR: 209.48
- Volume: 22K
- Open Int: 289K
- Trend Grade: Neutral
- From ATH: -13.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 14675
- Mid: 14103
- Short: 31531
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.
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