NQ Power Range Report with FIB Ext - 4/18/2024 Session

NQM2024

- PR High: 17685.50
- PR Low: 17670.00

- NZ Spread: 34.5

Key economic calendar events
08:30 | Initial Jobless Claims
- Philadelphia Fed Manufacturing Index
10:00 | Existing Home Sales

Value continuing to decline below 17000
- Responding to 2/21 inventory

Evening Stats (As of 12:05 AM)

- Weekend Gap: N/A
- Gap 4/18 +0.04% (open < 17665)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 282.68
- Volume: 21K
- Open Int: 254K
- Trend Grade: Bull
- From BA ATH: -5.1% (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
FibonacciinitialbalancekeylevelsystempowerrangepreviouslowSupply and DemandVolatility

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