NQ Power Range Report with FIB Ext - 7/5/2023 Session

NQU2023

- PR High: 15351.00
- PR Low: 15341.25

- NZ Spread: 21.75

Expected heavy volume at session open
- Traders anxious to get back after long weekend
- Ranging into London session, inside NZ
- Front running pivot high from June 16

Fed kicking off the short week
14:00 – FOMC Meeting Minutes

Evening Stats (As of 12:05 AM)

- Weekend Gap: +0.09% (closed)
- Session Open ATR: 219.98
- Volume: 57K
- Open Int: 243K
- Trend Grade: Neutral
- From ATH: -8.5% (Rounded)

Key Levels (Rounded - Think of these as ranges)

- Long: 15533
- Mid: 15247
- Short: 14675


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.
FibonaccifomcmeetingfomcminutesSupply and DemandVolatility

Also on:

Related publications

Disclaimer