NQ Power Range Report with FIB Ext - 5/2/2024 Session
NQM2024- PR High: 17513.00
- PR Low: 17484.00
- NZ Spread: 65.0
Key economic calendar event
08:30 | Initial Jobless Claims
Inventory dip below Tuesday low
- Lifting above prev session close and open
- ~225 points from prev session high
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.16 (filled)
- Gap 5/2 +0.07% (open < 17481)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 306.63
- Volume: 24K
- Open Int: 241K
- Trend Grade: Bull
- From BA ATH: -6.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
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