NQ Power Range Report with FIB Ext - 11/1/2023 Session

NQZ2023

- PR High: 14478.00
- PR Low: 14453.00

- NZ Spread: 56.0

FOMC Day
08:15 – ADP Nonfarm Employment Change
10:00 – ISM Manufacturing PMI
- ISM Manufacturing Prices
- JOLTs Job Openings
10:30 – Crude Oil Inventories
14:00 – FOMC Statement
- Fed Interest Rate Decision
14:30 – FOMC Press Conference

Holding over Monday's high
- NZ spread increase

Evening Stats (As of 12:05 AM)

- Weekend Gap: +0.47% (open < 14272)
- Session Gap 8/2: -0.33% (open > 15807)
- Session Gap 7/20: -0.11% (open > 15939)
- Session Open ATR: 249.56
- Volume: 18K
- Open Int: 258K
- Trend Grade: Neutral
- From ATH: -13.8% (Rounded)

Key Levels (Rounded - Think of these as ranges)

- Long: 15247
- Mid: 14675
- Short: 13531


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.
FibonaccifomcpositioninginitialbalancekeyleveltradingSupply and DemandVolatility

Also on:

Related publications

Disclaimer