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NQ Power Range Report with FIB Ext - 8/25/2023 SessionCME_MINI:NQU2023 - PR High: 14871.25 - PR Low: 14830.00 - NZ Spread: 92.25 10:05 – Feb Chair Powell Speaks Prev session printed as huge engulfing bar - Lows taken out from prev 2 sessions - Retracing to inventory < 14730 Evening Stats (As of 1:55 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 263.98 - Volume: 36K - Open Int: 257K - Trend Grade: Neutral - From ATH: -11.4% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 16105 - 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.
CME_MINI:NQU2023
by mv3trader5
NQ Power Range Report with FIB Ext - 8/24/2023 SessionCME_MINI:NQU2023 - PR High: 15344.75 - PR Low: 15295.50 - NZ Spread: 110.25 Key Economic Events 08:30 – Initial Jobless Claims - Core Durable Goods Orders Wide NZ spread - High vols ahead of pre-RTH news Evening Stats (As of 1:35 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 245.46 - Volume: 47K - Open Int: 256K - Trend Grade: Neutral - From ATH: -8.4% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 16105 - 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.
CME_MINI:NQU2023Long
by mv3trader5
NQ Power Range Report with FIB Ext - 8/23/2023 SessionCME_MINI:NQU2023 - PR High: 14980.75 - PR Low: 14960.00 - NZ Spread: 46.25 Economic Events 08:30 – Building Permits 09:45 – S&P Global US Services PMI 10:00 – New Home Sales Evening Stats (As of 12:15 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 232.51 - Volume: 24K - Open Int: 253K - Trend Grade: Neutral - From ATH: -10.5% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 16105 - 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.
CME_MINI:NQU2023Long
by mv3trader5
OSCR Earnings Beat Setup LONGOSCR on the daily chart is shown near to but below the POC line on the volume profile anchored in April. The ZL MACD has a low amplitude histogram. On the directional index indicator both negative and positive lines are nearly trendless at the 20 level. The price is closer to the lower Bollinger Bands and so a reversion to the mean would be upward price action. I am looking to take a long trade here. The entry would be by a buy stop over the POC line at 7.35 and the stop loss at 7.05, the low of the last red candle. The targets are 8.75 and 9.85 corresponding to horizontal resistance lines. This is a swing trade planning for a profit of about 30%. The stop loss of 0.30 as compared with an average target of 1.75 is about 1:5 for the risk to reward. I may take an options trade of 1-3 months duration as well. Leave a commnet , if you would like to know my considerations for a call option. Healthcare and medical are relatively strong sectors right now compared with the chaotic market at large.
NYSE:OSCRLong
by AwesomeAvani
ZW- Wheat Futures Reverse to Upside LONGZW is shown as the December 2023 contracts on the 2H chart have reversed in the past two days and price has increased over 2% in that interval. The indicators show a flip in the volatility and a blue bar volume spike in the reversal. Price is presently about 15% below the double tops and pivot highs of June and July. Price is presently crossing over the mean VWAP anchored 7-8 trading days ago and so demonstrating the bullish momentum of the past couple of days. I see this as an excellent long trade setup especially suitable to using leverage in the trade and expect the uptrend to potentially capture a 7-8% gain in the retracement of the downtrend then amplified by the leverage applied.
CBOT:ZWZ2023Long
by AwesomeAvani
NQ Power Range Report with FIB Ext - 8/18/2023 SessionCME_MINI:NQU2023 - PR High: 14759.75 - PR Low: 14730.25 - NZ Spread: 66.0 No significant calendar events Continuing daily inventory decline Evening Stats (As of 2:15 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 236.37 - Volume: 40K - Open Int: 258K - Trend Grade: Neutral - From ATH: -12.0% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 16105 - 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.
CME_MINI:NQU2023Long
by mv3trader5
1
NQ Power Range Report with FIB Ext - 8/17/2023 SessionCME_MINI:NQU2023 - PR High: 14954.50 - PR Low: 14938.00 - NZ Spread: 37.0 08:30 – Initial Jobless Claims - Philadelphia Fed Manufacturing Index Continuing cheap inventory hunt - Broke and held below ~15030 pivot - Retraced back into NZ from PR-3 into London open Evening Stats (As of 1:25 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 234.65 - Volume: 37K - Open Int: 256K - Trend Grade: Neutral - From ATH: -11.0% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 16105 - Mid: 15247 - Short: 14961 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.
CME_MINI:NQU2023Short
by mv3trader5
NQ Power Range Report with FIB Ext - 8/16/2023 SessionCME_MINI:NQU2023 - PR High: 15123.25 - PR Low: 15109.00 - NZ Spread: 31.75 !FOMC Day! 08:30 – Building Permits 10:30 – Crude Oil Inventories 14:00 – FOMC Meeting Minutes Return to daily pivot low Evening Stats (As of 1:05 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 234.01 - Volume: 27K - Open Int: 259K - Trend Grade: Neutral - From ATH: -9.9% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 16105 - Mid: 15247 - Short: 14961 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.
CME_MINI:NQU2023Short
by mv3trader5
EURUSD 15 MIN Analysis // Potential bullishI usually don't really look at the charts for long, but today I was just bored and had nothing else to do at work. I trade London session btw. 9PM-1:30 AM (GMT-5). Practicing at the moment on DEMO to later do a challenge to get funded. :D Can't wait, but I can wait. Missed a trade opportunity Monday. Tuesday there was no opportunity. ---------------------------------------------------------------------------------------- The REASON why I think market is going bullish or potentially: 1. DXY (Dollar) is in a uptrend (15 MIN) but if market breaks previous low (creating a LL), I would consider it as a downtrend. Of course though it has to make a (LH) after that to be consider downtrend. 2. EURUSD is in a downtrend (15 MIN) overall but if market breaks previous high (creating a HH), I would consider it as a uptrend. And like I said of course though it has to make a (HL) after that to be consider uptrend. NOTE****: Orange line is what I want EURUSD to break, to potential be an uptrend. If it does break I want to see a HL to form to take an entry. Would like to see it form in a demand area. But overall we would just have to wait and see.
by SimpleAsItGets
NQ Power Range Report with FIB Ext - 8/15/2023 SessionCME_MINI:NQU2023 - PR High: 15316.25 - PR Low: 15273.75 - NZ Spread: 95.0 08:30 – Retail Sales Maintaining relatively wide NZ Spread - MNQ Balance: 15295.25 - 15314.25 - Strong inventory response prev 2 sessions' low - Daily pivot created, engulfing Friday's range Evening Stats (As of 12:15 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 233.68 - Volume: 33K - Open Int: 260K - Trend Grade: Neutral - From ATH: -8.7% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 16105 - Mid: 15247 - Short: 14961 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.
CME_MINI:NQU2023
by mv3trader5
Short Dated Options to Deftly Manage Oil Market Shocks"Volatility gets you in the gut. When prices are jumping around, you feel different from when they are stable" quipped Peter L Bernstein, an American financial historian, investor, economist, and an educator. Crude oil prices are influenced by a variety of macro drivers. Oil market shocks are not rare events. They appear to recur at a tight frequency. From negative prices to sharp spikes in volatility, crude oil market participants "enjoy" daily free roller-coaster rides. Precisely for this reason, crude oil derivatives are among the most liquid and sophisticated markets globally. This paper delves specifically into weekly CME Crude Oil Weekly Options and is set out in three parts. First, what’s unique about short-dated options? Second, tools enabling investors to better navigate crude oil market dynamics. Third, a case study illustrating the usage of weekly crude oil options. PART 1: WHAT’S UNIQUE ABOUT CME CRUDE OIL WEEKLY OPTIONS? Macro announcements such as US CPI, China CPI, Fed rate decisions, Oil inventory changes and OPEC meetings drive oil price volatility. Sharp price movements can lead to premature stop-loss triggers. When prices gap up or gap down at open, stop orders perform poorly leading to substantial margin calls. Weekly options enable hedging against these risks with limited downside and substantial upside. Closer to expiration, options prices are sensitive to changes in the prices of the underlying. Small underlying price moves can have outsized value creation through short-dated options. Hedging with weekly options allows investors to enjoy large upside potential. Short duration vastly reduces the options premium burden. This high risk-reward ratio has made short-dated options popular among both buyers and sellers. The daily traded notional value of Zero-DTE options (Zero Days-To-Expiry, 0DTE) have grown to USD 1 Trillion. Among S&P 500 options, 0DTE options comprise 53% of the average daily volume (ADV), up from 19% a year ago. In 2020, CME launched Weekly WTI options with Friday expiry (LO1-5), offering robust, round-the-clock liquidity and enabling precise event exposure management at minimal cost. These weekly options are now the fastest growing energy products at CME with ADV growing 69% YoY with June 2023 ADV up 136% YoY. Building on rising demand, CME added weekly options expiring Monday and Wednesday. At any time, the four nearest weeks of each option are available for trading. Weekly options settle to the latest benchmark CL contract and like other CME WTI products, they are physically deliverable ensuring price integrity. Each weekly WTI options contract provides exposure to 1,000 barrels. Every USD 0.01 change per barrel change in WTI represents a P&L change of USD 10 in premium per contract. PART 2: EIGHT TOOLS TO BETTER NAVIGATE CRUDE OIL MARKET DYNAMICS Highlighted below are eight critical tools across TradingView and CME enabling investors to better navigate oil market dynamics. 1. OPEC+ Watch OPEC+ Watch charts the probability of different outcomes from OPEC+ meetings. Probabilities are derived from actual market data & represent a condensed consensus market view of forthcoming meetings. 2. News Flow TradingView’s News section collates the key market developments impacting crude oil. 3. Forward Curve TradingView maps crude oil prices across the forward curve exhibiting oil’s term structure. Augmenting the forward curve chart is a table CL contracts across various expiries with technical signals embedded in them enabling investors to spot calendar spread trading opportunities. 4. TradingView Scripts Supported by a vibrant community of script creators, TradingView has curated scripts catering to the specific needs of crude oil traders. OIL WTI/Brent Spread by MarcoValente: Shows the spread between WTI and Brent crude. This spread is growing in importance with growth in US oil exports. Seasonality Indicator by tradeforopp: Presents seasonal price trends along with key pivot points to guide traders. 5. Economic Calendars TradingView’s economic calendar highlights upcoming economic events segmented by dates and with countdown timers to help traders better manage their portfolios. Augmenting, TradingView’s calendar is CME’s Economic Events Analyzer which lists key events specifically impacting energy markets and highlights the relevant weekly options contract. 6. Options Expiration Calendar CME’s Options Expiration Calendar is a comprehensive yet condensed view of upcoming expiration dates of WTI options, even those that are not listed yet. 7. Daily/Weekly Options Report CME’s Daily/Weekly Options Report profiles volumes and OI by strike price for weekly options supplying key stats such as Put/Call ratio and key strike levels at a glance. 8. Strategy Simulator CME’s strategy simulator allows investors to simulate diverse options strategies. Selecting the relevant instruments and adding each component of the overall position automatically calculates the payoff while still allowing modification of key statistics such as volatility based on user inputs. The below shows the payoff of an ATM straddle position for the upcoming Monday weekly option. It also allows simulating various market conditions. Selecting price trends such as up fast, up slow, flat, down slow, down fast can simulate the changes in P&L. PART 3: ILLUSTRATING USAGE OF WEEKLY CRUDE OIL OPTIONS Why does CME list weekly options expiring on Monday, Wednesday, and Friday? Each of these address specific macro events. OPEC meeting outcomes are typically announced over the weekend leading to gaps in prices on Monday. EIA weekly crude oil inventory data are released on Wednesdays. Key US economic data such as CPI and Non-farm payrolls are released on Fridays. Use Case for Options expiring on Monday These can be used to hedge against downside risk associated with weekend events. For instance, in April, OPEC+ announced major supply cuts at their meeting on Sunday. This led to WTI price spiking 4% at market open. This can lead to “gap risk.” Gap risk refers to the risk that markets may open sharply above or below their previous close. Since, price never passes the levels in between, stop loss orders fail to trigger at set levels resulting in more-than-anticipated realised losses. Such gap risks from weekend news can be managed through Monday weekly options which provides a predictable and resilient payoff with limited downside risk. Use Case for Options expiring on Wednesday Oil inventory reports by EIA (U.S. Energy Information Administration) and API (American Petroleum Institute) are released every week on Tuesday and Wednesday respectively. Major misses/beats against expectations for these releases can result in large price moves. Wednesday options come in handy to better manage volatility stemming from these shocks or surprises. Weekly options provide superior ROI on small moves when compared to futures. Favourable price moves deliver larger payoffs from position in weekly options than futures and shorter expiries allow for much lower premium than monthly options. Illustrating with Back tested Results On June 14th, Crude price fell by 1.7% (USD 1.2) to USD 68.7/barrel upon release of inventory data that showed a larger than expected inventory build-up. In the lead up to this data release, a crude oil participant could either (a) Short Crude Oil Futures, or (b) Long Weekly Crude Oil Put Option. Summary outcomes from these two strategies are tabulated and charted below. The results speak for themselves. Short dated long put option is capital efficient, prudent, and credible as a risk management tool. That said, participants must evaluate the risk return profile taking into consideration market liquidity and volatility levels, among others, when choosing between instruments. KEY TAKEAWAYS In summary, 1) Weekly Options can be cleverly deployed to hedge against shocks in oil markets. 2) TradingView & CME provide a rich suite of tools to deftly navigate the oil market dynamics. 3) Weekly options expiring on (a) Monday helps manoeuvre developments over the weekend, (b) Wednesday helps to manage inventory data linked shocks, and (c) Friday enables investors to trade and hedge around key US economic data. MARKET DATA CME Real-time Market Data helps identify trading set-ups and express market views better. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com DISCLAIMER This case study is for educational purposes only and does not constitute investment recommendations or advice. Nor are they used to promote any specific products, or services. Trading or investment ideas cited here are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management or trading under the market scenarios being discussed. Please read the FULL DISCLAIMER the link to which is provided in our profile description.
Editors' picks
NYMEX:CL1!Education
by mintdotfinance
6
NQ Power Range Report with FIB Ext - 8/14/2023 SessionCME_MINI:NQU2023 - PR High: 15146.00 - PR Low: 15100.25 - NZ Spread: 102.0 FOMC week - Wednesday Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 237.46 - Volume: 41K - Open Int: 259K - Trend Grade: Neutral - From ATH: -10.2% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 16105 - Mid: 15247 - Short: 14961 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.
CME_MINI:NQU2023Short
by mv3trader5
NQ Power Range Report with FIB Ext - 8/11/2023 SessionCME_MINI:NQU2023 - PR High: 15237.50 - PR Low: 15216.00 - NZ Spread: 48.0 High volatility expected for CPI - 08:30 – PPI Maintaining Wed's range - Prev session failed to break highs and lows - Collecting inventory around PR-1 into London hrs Evening Stats (As of 2:05 AM) Session Open Balance: 15220.50-15236.00 - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 234.49 - Volume: 32K - Open Int: 259K - Trend Grade: Neutral - From ATH: -9.3% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 16105 - Mid: 15247 - Short: 14961 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.
CME_MINI:NQU2023Short
by mv3trader5
NQ Power Range Report with FIB Ext - 8/10/2023 SessionCME_MINI:NQU2023 - PR High: 15221.50 - PR Low: 15198.00 - NZ Spread: 52.5 08:30 – Initial Jobless Claims - CPI Expected pre-RTH volatility from premarket news - NZ spread resting on strong inventory from prev session - Broke and held below daily range Evening Stats (As of 1:05 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 228.71 - Volume: 24K - Open Int: 261K - Trend Grade: Neutral - From ATH: -9.2% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 16105 - Mid: 15533 - Short: 15247 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.
CME_MINI:NQU2023Long
by mv3trader5
NQ Power Range Report with FIB Ext - 8/9/2023 SessionCME_MINI:NQU2023 - PR High: 15360.00 - PR Low: 15345.50 - NZ Spread: 32.5 10:30 – Crude Oil Inventories Not much change so far for the month - Maintaining the daily range of prev 4 sessions - Broken above PR+1 - Collecting supply above PR+2 Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 225.82 - Volume: 23K - Open Int: 261K - Trend Grade: Neutral - From ATH: -8.4% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 16105 - Mid: 15533 - Short: 15247 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.
CME_MINI:NQU2023Long
by mv3trader5
Does the RiteAid short squeeze have another leg?RAD has been flying after a long period of consolidation and wek fundamentals. The Reddit army is marching with the RAD flag. At one point RAD sqeezed 100% but it has falled back a bit in the profit taking. Still the retracement is shallow so far. In the close of the trading week, in the last hours price dropped to 2.5 with support from the anchored mean VWAP and then rose to 2.68. I believe this should be on a watchlist if you like to trade meme stocks. TUP is now competing with RAD for meme attention. I will get back into both of them when I find the clear and compelling opening. I will pay attention to rising volume and rising volatility on a low time frame chart to make that finding. Shorts may better realize their pain this upcoming week and add a a bit to the buying pressure allowing for some synergy with new buyers.
RLong
by AwesomeAvani
SPX weak move poised for a return to the VPVR Point of ControlIntroduction The recent uptrend in equities has been called a “hated rally” by several financial news organizations (www.afr.com) and lots of people are “sitting on their hands” for this uptrend. That type of behavior seems ripe for people to try and sell the local high and buy lower down. The monthly ADX has remained very low. When the ADX goes from below 20 to the middle zone it is a sign that the volatility and move may proceed in a more sustained manner and when the ADX is above 40 that is a technical sign that there will be a sustained uptrend. A move from above 40 to below 40 is a sign the move is running out of steam. Likewise, the Average True range has been falling during this uptrend. The ATR measures price volatility and this falling volatility combined with a increase in price is broadly bearish. The black arrow on the chart shows that just prior to SPX’s all time high the ATR was falling. The ATR falling again suggest a similar reversal and a new local low. The green arrow also shows some divergence on the ATR. The ATR is good for both regular and hidden divergences so the fact that SPX shows both is a stronger suggestion that this uptrend will reverse. One simple targeting stratify is to assume that price will pull back to the Point of Control at the VPVR. When using the Volume Profile Visible Range it is important to have a defendable starting point and I have set the screen to see the price action since the bottom of the 2008-2009 financial crisis. I find that to be a very defendable place to see the volume by price action. Recall, most volume charts show volume by session wile the VPVR shows volume by price over a specific date range. I have my VPVR defauls set to 68 so I get a close as possible to seeing 1 standard deviation of volume area and I set the number of rows to 147 simply because that gives me 100 rows in the value area. We can see from the main chart that there was a lot of resistance the Point of Control (price where most trading happened) there between 2014 and 2016 and the C19 dump retested that level. In uptrends price has a tendency to be above the value area and correct to it as support and in downtrends price is below the value area/point of control and tends to rally to it and then reverse. In the long run price returning to the Point of Control might set up a head and shoulders but that is a problem for a later time. The quarterly chart below shows that the price target of 2099 puts the price between the 2.0 and 2.618 Fib extension ratios. That is about the max target we could expect from a ABC correction based off a strong understanding of Elliot Wave theory. Elliot Wave Resource forex-indicators.net pg 45 Figure 4-8 Figure 4-9 In a regular flat correction, waves A, B and C are, of course, approximately equal, as shown in Figure 4-10. In an expanded flat correction, wave C is often 1.618 times the length of wave A. Sometimes wave C will terminate beyond the end of wave A by .618 times the length of wave A. Both of these tendencies are illustrated in Figure 4-11. In rare cases, wave C is 2.618 times the length of wave A. Wave B in an expanded flat is sometimes 1.236 or 1.382 times the length of wave A Conclusion I am going to remain on the sidelines of the equities market until I see some bullish divergence on indicators on the weekly or monthly time frames. I have a nagging assumption that as the equities markets top that the broader crypto market will have a last hurrah for 2-3 years and that will begin its drawdown.
SP:SPXShort
by This_Guhy
2
NQ Power Range Report with FIB Ext - 8/8/2023 SessionCME_MINI:NQU2023 - PR High: 15498.00 - PR Low: 15480.25 - NZ Spread: 39.75 12:00 – EIA Short-Term Energy Outlook Maintaining Friday's range - Strong inventory run falling into bear zone Evening Stats (As of 1:05 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 224.77 - Volume: 29K - Open Int: 260K - Trend Grade: Neutral - From ATH: -8.0% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 16105 - Mid: 15533 - Short: 15247 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.
CME_MINI:NQU2023Short
by mv3trader5
NQ Power Range Report with FIB Ext - 8/7/2023 SessionCME_MINI:NQU2023 - PR High: 15398.75 - PR Low: 15365.00 - NZ Spread: 75.25 No significant economic events Broken into PR bull zone after dip at session open - Holding Friday's range - Room for med high volatility with wide NZ spread Evening Stats (As of 12:15 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) - Session Gap: -0.11% (open > 15939) - Session Open ATR: 230.81 - Volume: 32K - Open Int: 255K - Trend Grade: Neutral - From ATH: -8.1% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 16105 - Mid: 15533 - Short: 15247 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.
CME_MINI:NQU2023Long
by mv3trader5
1
FNGU- the leaders of the pack will come back first LONGFNGU is triple leveraged ETF of the titans of the NASDAQ; I expect it to come back front of volatility in the market quickly as its constituents are the leaders here. I hope to exploit this for 10% before COB for the trading week in the next two days.. A volume profile and mean anchored VWAP using metrics employed by institutions and those executing with blocks of voume. Analysis and target levels are on the chart for pureposeful brevity. Trade on !
AMEX:FNGULong
by AwesomeAvani
AAPL Weekly Continues to March LONGAAPL on the weekly chart over the entirety of the years 2022-23 with a triple Bollinger Band overlaid shows consistent marching along the second upper Bollinger band ( 1.618 std) since mid January 2023 with a minor correction while crossing over the basis midline band a month later. This is megacap consistence at its finest. AAPL has had some inside bar weeks on a regular basis but follows with some ranging bars as well. The dual time frame RS indicator shows the lower TF green line and higer TF black line well align in the area of the 70 level slowly ascending overall. AAPL is a titan of the NASDAQ with a healthy ecology of well liked products. I see it as a lucrative investment or trader of dips and pops on a lower time frame. My choice at this time is a call option striking a higher price of $205 expiring in mid-November.
NASDAQ:AAPLLong
by AwesomeAvani