NQ Power Range Report with FIB Ext - 12/18/2024 SessionCME_MINI:NQH2025
- PR High: 22309.25
- PR Low: 22206.00
- NZ Spread: 230.75
Key scheduled economic events:
10:30 | Crude Oil Inventories
14:00 | FOMC Economic Projections
- FOMC Statement
- Fed Interest Rate Decision
14:30 | FOMC Press Conference
AMP raised margins for expected FOMC volatility spikes
- Retraced 50% of Monday's ATH breakout range
- +100 point value decline at session open
- Auctioning long above previous session close
Session Open Stats (As of 12:25 AM 12/18)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 287.63
- Volume: 24K
- Open Int: 196K
- Trend Grade: Bull
- From BA ATH: -0.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
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