NQ Power Range Report with FIB Ext - 8/19/2022 SessionCME_MINI:NQU2022
- PR High: 13535.00
- PR Low: 13522.25
- NZ Spread: 28.75
Evening Stats (As of 12:00 AM)
- Weekend Gap: -0.05% (filled)
- Session Gap: -0.04% (open)
- Session Open ATR: 280.91
- Volume: 15K
- Open Int: 254K
- Trend Grade: Bear
- From ATH: -19.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 13794
- Mid: 13531
- Short: 12959
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.
Lowvol
NQ Power Range Report with FIB Ext - 8/8/2022 SessionCME_MINI:NQU2022
- PR High: 13289.75
- PR Low: 13168.00
- NZ Spread: 272.25
Evening Stats (As of 12:00 AM)
- Weekend Gap: N/A
- Session Open ATR: 319.63
- Volume: 19K
- Open Int: 256K
- Trend Grade: Bear
- From ATH: -21.25% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 13531
- Mid: 12960
- Short: 12057
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.
short the vix via VXX, buy puts or sell callsAs uncertainty leaves the market, the Vix should stabilize. I would buy a long put or sell a long call, as it could take a while for it to check down to the lower trend line.
Keep in mind, there is always the possibility of a catastrophic or unforeseen event that could send it through the roof so don't risk too much. Always keep your side bets to less than 5% of your overall account value, 10% at the most for extremely high conviction plays.
VXX is the perfect way to play volatility. For instance, if you expect a period of heightened uncertainty and volatile days where the market is churning, you could buy some VXX as short-term protection against high volume sell-off days.