NQ Power Range Report with FIB Ext - 5/24/2024 Session

NQM2024

- PR High: 18696.25
- PR Low: 18678.00

- NZ Spread: 40.75

Key economic calendar event
08:30 | Durable Goods Orders

Major decline prev session from ATH 19023.25
- Inventory settling at Tues - Wed lows
- Front running 18600 pivot

Evening Stats (As of 2:35 AM)

- Weekend Gap: N/A
- Gap 5/23 +0.23% (filled)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 230.77
- Volume: 25K
- Open Int: 244K
- Trend Grade: Bull
- From BA ATH: -1.7% (Rounded)

Key Levels (Rounded - Think of these as ranges)

- Long: 19246
- Mid: 18106
- Short: 17533


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.

BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
FibonaccikeylevelsystempowerrangerolloversessionopenSupply and DemandVolatility

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