NQ Power Range Report with FIB Ext - 10/18/2023 SessionCME_MINI:NQZ2023
- PR High: 15243.00
- PR Low: 15222.50
- NZ Spread: 46.0
Key Economic Events
08:30 – Building Permits
10:30 – Crude Oil Inventories
Maintaining range of the week
- Strong potential for breakout
- Trading back to 50% of daily range
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.08% (filled)
- Session Gap: -0.33% (open > 15807)
- Session Gap: -0.11% (open > 15939)
- Session Open ATR: 250.05
- Volume: 26K
- Open Int: 257K
- Trend Grade: Neutral
- From ATH: -9.4% (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.
Volatility
XAUUSD COUNTER TREND4hr and 1hr are very bullish, however, there's a lot of imbalance left behind.
Price reach a resistance area where I believe there could be some retracement down before continuing up.
High Risk Trade but I have all my confluences to set a Limit Order.
Let's see what price does
Like & Comment for more ideas and Insight
Drop a follow if you love trading !
NQ Power Range Report with FIB Ext - 10/17/2023 SessionCME_MINI:NQZ2023
- PR High: 15305.50
- PR Low: 15285.50
- NZ Spread: 44.5
Key Economic Event
08:30 – Retail Sales
- Core Retail Sales
Holding prev session highs
- Prev session printed as inside bar
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.08% (filled)
- Session Gap: -0.33% (open > 15807)
- Session Gap: -0.11% (open > 15939)
- Session Open ATR: 249.52
- Volume: 20K
- Open Int: 258K
- Trend Grade: Neutral
- From ATH: -8.9% (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.
NQ Power Range Report with FIB Ext - 10/16/2023 SessionCME_MINI:NQZ2023
- PR High: 15161.75
- PR Low: 15118.25
- NZ Spread: 97.5
No Key Economic Events
Evening Stats (As of 1:05 AM)
- Weekend Gap: +0.08% (open < 15110)
- Session Gap: -0.33% (open > 15807)
- Session Gap: -0.11% (open > 15939)
- Session Open ATR: 252.94
- Volume: 27K
- Open Int: 255K
- Trend Grade: Neutral
- From ATH: -9.6% (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.
STORJ mirror candle shortWe can see the mirror structure of candles, this is confirmed by the volume holding the price, which indicates an increase to the previous high and a local rollback down, so we can open a short position at the top. The intersection of the MA 200 and MA 50 lines on the 4H timeframe and 2 touches of the bottom with candles, which hints at further growth ☝️
Potential Bull Trap Brewing?CME_MINI:NQ1! broke out of a textbook bull flag price structure over the weekend and has consolidated nicely throughout the trading day Tuesday.
We see two price targets of interest:
15600 - the price structure of the most recent high and the implied move of the bull flag
15063 - the approximate point of the bull flag break and currently the location of an active "rug pull"
It's too early to tell whether we hit 15600 or 15063 first, but we are keeping an eye on CME_MINI:NQ1! for any sign of reversal, with 15063 as a minimum downside target. Momentum is currently with the bulls and does not show signs of slowing down quite yet. An eventual break below the AVWAP (shown in orange) could indicate a reversal is underway.
PPI, CPI, and Fed minutes could bring larger volatility than usual this week.
Disclaimer:
Any information contained within this post does not constitute any financial, investment, or trading advice. Trade or invest at your own risk.
NQ Power Range Report with FIB Ext - 10/13/2023 SessionCME_MINI:NQZ2023
- PR High: 15329.00
- PR Low: 15313.50
- NZ Spread: 34.5
Evening Stats (As of 1:05 AM)
No Significant Economic Events
Wide range set from prev session
- Holding inside prev session range
- Weekend Gap: -0.65% (filled)
- Session Gap: -0.33% (open > 15807)
- Session Gap: -0.11% (open > 15939)
- Session Open ATR: 246.79
- Volume: 22K
- Open Int: 254K
- Trend Grade: Neutral
- From ATH: -8.6% (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.
NQ Power Range Report with FIB Ext - 10/12/2023 SessionCME_MINI:NQZ2023
- PR High: 15409.75
- PR Low: 15397.00
- NZ Spread: 28.75
Key Economic Events
08:30 – Initial Jobless Claims
- CPI (3x)
11:00 – Crude Oil Inventories
AMP Futures increased margins for CPI
- FOMC momentum pushes above Tues high
- Holding just above prev session high
Evening Stats (As of 12:05 AM)
- Weekend Gap: -0.65% (filled)
- Session Gap: -0.33% (open > 15807)
- Session Gap: -0.11% (open > 15939)
- Session Open ATR: 247.64
- Volume: 20K
- Open Int: 255K
- Trend Grade: Neutral
- From ATH: -8.1% (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.
Welcome to the next generation.This is a huge thank you as an ex TradingView employee and platform nerd for releasing this awesome feature.
Until now, I had to painstakingly put it all together myself.
Now it costs only a few clicks.
THANK YOU TRADINGVIEW!
> Greetings go out to every little gear, of this freaky machine. Love you all.
Let's have some fun with this template.
Welcome to the next generation.
NQ Power Range Report with FIB Ext - 10/11/2023 SessionCME_MINI:NQZ2023
- PR High: 15286.50
- PR Low: 15274.50
- NZ Spread: 27.0
Key Economic Events
08:30 – PPI
14:00 – FOMC Meeting Minutes
AMP Futures raise margin requirements through FOMC
- Tight session open range, low volume
- Prev session printed for potential reversal
- Long upper tail
Evening Stats (As of 12:05 AM)
- Weekend Gap: -0.65% (filled)
- Session Gap: -0.33% (open > 15807)
- Session Gap: -0.11% (open > 15939)
- Session Open ATR: 254.49
- Volume: 18K
- Open Int: 254K
- Trend Grade: Neutral
- From ATH: -8.9% (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.
NQ Power Range Report with FIB Ext - 10/10/2023 SessionCME_MINI:NQZ2023
- PR High: 15199.00
- PR Low: 15187.75
- NZ Spread: 25.25
No Significant Economic Events
Weekend gap closed with afternoon rally
- Daily high pushed into Sep inventory
- Session opened with low volatility
Evening Stats (As of 12:05 AM)
- Weekend Gap: -0.65% (filled)
- Session Gap: -0.33% (open > 15807)
- Session Gap: -0.11% (open > 15939)
- Session Open ATR: 260.28
- Volume: 23K
- Open Int: 255K
- Trend Grade: Neutral
- From ATH: -9.3% (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.
NQ Power Range Report with FIB Ext - 10/9/2023 SessionCME_MINI:NQZ2023
- PR High: 15076.00
- PR Low: 14990.50
- NZ Spread: 190.75
No Significant Economic Events
Huge weekend gap down
- Relatively super wide open session range
Evening Stats (As of 1:25 AM)
- Weekend Gap: -0.65% (open > 15132)
- Session Gap: -0.33% (open > 15807)
- Session Gap: -0.11% (open > 15939)
- Session Open ATR: 269.15
- Volume: 44K
- Open Int: 257K
- Trend Grade: Neutral
- From ATH: -10.6% (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.
NQ Power Range Report with FIB Ext - 10/6/2023 SessionCME_MINI:NQZ2023
- PR High: 14861.25
- PR Low: 14853.75
- NZ Spread: 17.0
Key Economic Events:
08:30 – Average Hourly Earnings
- Nonfarm Payrolls
- Unemployment Rate
Micro NZ Spread ahead of high volatility expectation
- Brokers raise margin requirement for news
- Prev session printed as inside day
Evening Stats (As of 1:25 AM)
- Weekend Gap: +0.49% (filled)
- Session Gap: -0.33% (open > 15807)
- Session Gap: -0.11% (open > 15939)
- Session Open ATR: 244.15
- Volume: 26K
- Open Int: 249K
- Trend Grade: Neutral
- From ATH: -11.5% (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.