NQ Power Range Report with FIB Ext - 8/7/2024 SessionCME_MINI:NQU2024
- PR High: 18140.50
- PR Low: 18030.25
- NZ Spread: 247.00
Key scheduled economic events
10:30 | Crude Oil Inventories
13:00 | 10-Year Note Auction
Climbing back to weekly high
- Previous session closed as inside print doji
- Weekend gap remains unfilled above 18490
Evening Stats (As of 10:55 PM 8/6)
- Weekend Gap: -0.66% (open > 18515)
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 481.22
- Volume: 44K
- Open Int: 246K
- Trend Grade: Bull
- From BA ATH: -12.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 17533
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.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Weekendgap
NQ Power Range Report with FIB Ext - 8/5/2024 SessionCME_MINI:NQU2024
- PR High: 18390.00
- PR Low: 18269.25
- NZ Spread: 270.0
Key scheduled economic events
09:45 | S&P Global Services PMI
10:00 | ISM Non-Manufacturing PMI
- ISM Non-Manufacturing Prices
Sustaining high volatility with wide weekend gap
- Weekend gap down remains unfilled
- Value deline ~300 points below Friday's low
Evening Stats (As of 10:55 PM 8/4)
- Weekend Gap: -0.66% (open > 18515)
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 438.33
- Volume: 66K
- Open Int: 244K
- Trend Grade: Bull
- From BA ATH: -13.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 17533
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.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 3/4/2024 SessionCME_MINI:NQH2024
- PR High: 18365.75
- PR Low: 18327.75
- NZ Spread: 85.0
Key economic calendar events
09:45 | S&P Global Services PMI
10:00 | ISM Non-Manufacturing PMI
- ISN Non-Manufacturing Prices
Small weekend, inside bar gap up, partially filled
- Low energy creep back to ATH
- Relatively strong daily momentum bar, long
- ATH 18372.75
Evening Stats (As of 12:15 AM)
- Weekend Gap: +0.08 (open > 18322)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 236.10
- Volume: 25K
- Open Int: 304K
- Trend Grade: Bull
- From BA ATH: -0.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 12/4/2023 SessionCME_MINI:NQZ2023
- PR High: 16027.00
- PR Low: 15988.25
- NZ Spread: 86.75
No key economic events
Maintaining range from prev week
Evening Stats (As of 12:25 AM)
- Weekend Gap: -0.05% (open > 16030)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 202.96
- Volume: 29K
- Open Int: 278K
- Trend Grade: Neutral
- From ATH: -4.8% (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.
NQ Power Range Report with FIB Ext - 11/20/2023 SessionCME_MINI:NQZ2023
- PR High: 15903.75
- PR Low: 15848.00
- NZ Spread: 125.0
No significant economic events
- Heavy FOMC week Tue and Wed
Strong volatile open to start the week
- Wide NZ spread
- Maintaining lows from prev Thu & Fri
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 223.52
- Volume: 26K
- Open Int: 279K
- Trend Grade: Neutral
- From ATH: -5.4% (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.
NQ Power Range Report with FIB Ext - 10/31/2023 SessionCME_MINI:NQZ2023
- PR High: 14416.50
- PR Low: 14403.50
- NZ Spread: 29.0
Key Economic Event
10:00 – CB Consumer Confidence
Weekend gap still open
- Inside prev session range
- Broke into bear zone early
- Inventory response near prev session lows
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: 258.34
- Volume: 31K
- Open Int: 256K
- Trend Grade: Neutral
- From ATH: -14.5% (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.
NQ Power Range Report with FIB Ext - 10/23/2023 SessionCME_MINI:NQZ2023
- PR High: 14707.75
- PR Low: 14662.50
- NZ Spread: 101.25
No Key Economic Events
Weekend gap up led into wide opening range
- Back near key inventory levels > 14600
Evening Stats (As of 2:05 AM)
- Weekend Gap: +0.21% (open < 14650)
- Session Gap 10/18: -0.10% (open > 15060)
- Session Gap 8/2: -0.33% (open > 15807)
- Session Gap 7/20: -0.11% (open > 15939)
- Session Open ATR: 251.27
- Volume: 28K
- Open Int: 258K
- Trend Grade: Neutral
- From ATH: -12.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15247
- Mid: 14675
- Short: 14103
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 - 11/7/2022 SessionCME_MINI:NQZ2022
- PR High: 10829.25
- PR Low: 10775.75
- NZ Spread: 119.5
Evening Stats (As of 12:20 AM)
- Weekend Gap: -0.77% (filled)
- 8/29 Weekend Gap: -0.18% (open > 13125)
- 8/19 Session Gap: -0.04% (open > 13540)
- Session Open ATR: 361.55
- Volume: 39K
- Open Int: 283K
- Trend Grade: Bear
- From ATH: -35.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 12391
- Mid: 11820
- Short: 10678
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 - 8/29/2022 SessionCME_MINI:NQU2022
- PR High: 12512.00
- PR Low: 12460.00
- NZ Spread: 116.5
Evening Stats (As of 12:05 AM)
- Weekend Gap: -0.59% (open > 12558)
- Last Weekend Gap: -0.18% (open > 13125)
- 8/19 Session Gap: -0.04% (open > 13540)
- Session Open ATR: 300.97
- Volume: 50K
- Open Int: 260K
- Trend Grade: Bear
- From ATH: -25.6% (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.
NQ Power Range Report with FIB Ext - 8/22/2022 SessionCME_MINI:NQU2022
- PR High: 13229.00
- PR Low: 13175.00
- NZ Spread: 120.5
Evening Stats (As of 12:05 AM)
- Weekend Gap: -0.18% (filled)
- 8/19 Session Gap: -0.04% (open)
- Session Open ATR: 282.94
- Volume: 24K
- Open Int: 248K
- Trend Grade: Bear
- From ATH: -21.0% (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.
NQ Power Range Report with FIB Ext - 1/11/2021 SessionContract - CME_MINI:MNQH2021
- High - 13105.50
- Low - 13070.50
Evening Stats
- Gap: = -0.22%
- Session Open ATR: 202.42
- Volume: 28k
- Open Int: 229k
- Trend Grade: Bullish
Key Levels (Rounded - Think of these as a range)
- Long: 13337
- Short: 10650
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 - 12/21/2020 SessionContract - CME_MINI:MNQH2021
- High - 12783.50
- Low - 12725.00
Current Stats
- Gap: = +0.09%
- Session Open ATR: 186.49
- Volume: 41k
- Trend Grade: Bullish
Key Levels (Rounded - Think of these as a range)
- Long: 13337
- Short: 10650
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.
EURUSD long in weekendInto the weekend a little drawdown as the EURUSD is hitting the PRZ zone and starting to reverse at 38.2% on FIB. A little drawdown and due to weekend shifts and jumps I am going to move the Stop out a bit further to prevent being artificially stopped out from market jumps. The grey block from original SL to 1.08683 is to signify a bookmark of sorts so I'll know to adjust the SL back to normal on Sunday at open (aussie monday). The market structure has held really well in this new adventure, the batman (and soon giant 'W') is proving to show a decent upwards momentum. Keeping it simple and low order size because no one wants to be a dollar bear =D. May the pips be with you!
[LAST OPPORTUNITY] Before the market closes on EUR AUDThe weekend is closing in on us, and I've been scrolling through the graphs to find an opportunity. Through the 100eyes Forex Scanner I got alerted just when I was about to give up.
Here on EUR AUD we can see two important horizontal zones forming. The upper one that has acted both as support and resistance, and the lower one that is purely support.
Since the price has reached support and showed an early sign of a bounce, I think this is a great buy opportunity. Stop Loss is best set slightly below the support area.
Remember for weekend gaps to *always* use a guaranteed stop. Guaranteed stops will be filled at the price of your stop regardless the open close gap after the weekend. Many things can happen during such a long time, so make this a habit.
Please like this post if you learned something!
BTC Weekend Trading Opportunity: Gap Boiz Watcha Gonna Do?Almost immediately after CME closed at Friday's bell, the weekend fackery began!
Bitcoin saw a steep decline off current resistance from $8500 and is picked up at support above $8200.
BTC currently trading above $8300. Without 4h closures below $8200 this weekend, look for a gap fill come Sunday/Monday/Tuesday/(?) when the real traders take the helm.
At this moment, three things are likely to happen...
1. Price action ranges through the weekend and ends up on the upper end of the range and no gap is created on opening bell at CME on Sunday. (Go long from here)
2. Price action ranges and ends on the lower end of the range. A gap is created, then filled sometime in next weeks trading. (Go long from here)
3. BTC takes a deep dive from here and no gap fill (4h candle closes below $8200 leads to continued macro downtrend). (Short after confirmation of $8200 break)
And yes, of course BTC can rocket past CME close before the weekend is over to create a gap to the upside, but based on current price action a movement like that is possible, but unlikely. If you see 4h closures above $8500 or (4H 21 exponential) and you are not already long, you might consider to do so.
People ask "What is the significance of CME Futures contracts?". The reason why CME trading has significance is due to the fact that this is where the experienced, traditional traders trade. Real traders do not trade on Bitmex, Binance, etc. The smart money is at and trades with CME.
So...do you take the weekend off and enjoy your life?
Or do you trade for a gap fill from the current range?
Alway be prudent with your trades!
Plan before you trade.
Know your entry.
Know your take profit area.
Use a stop loss.
Understand the amount you are risking.
Do not over leverage.
Happy trading to all!
Let's be rich with ideas, love and happiness beyond all monetary value.
💡❤️😃🙏 > 💵
Novelty use only. This is not financial advice.
Weekend Reversals on BitcoinNote how since the start of 2018 Bear Market we "reverse" all changes after weekends (spikes in either direction if any) to start mondays at roughly the same price level as before or at least retest that level (probably to sync with the futures). We are currently moving in a down channel and are still being rejected by EMAs, will likely bounce down from the ichimoku flat bottom.
There's also another theory that each 6th of the month we have a notable reversal point. June 6th could be next.
USDCAD: Key Levels to Watch for Potential EntryMornin' traders! There are a couple of key levels to watch here on USDCAD. The most important of which to me is the 1.284 area. Before taking a long position I want to see price close the weekend gap and touch the unhit daily pivot for Friday. Since a higher low was created from a bullish impulse, I will be looking for bullish price action (pinbars, engulfing candles, signs of rejection) at this level toward the neckline and possibly further if the H&S pattern remains valid. Until then, I'll be by the sidelines watching. Happy Trading!