NQ Power Range Report with FIB Ext - 2/1/2024 Session
Updated
NQH2024- PR High: 17291.75
- PR Low: 17267.00
- NZ Spread: 55.25
Key economic calendar events
08:30 | Initial Jobless Claims
09:45 | S&P Global US Manufacturing PMI
10:00 | ISM Manufacturing PMI
- ISM Manufacturing Prices
Discount margin reqs raised for news
Inventory response ahead of 17200 prev supply
- Trading just below prev session half-back
Evening Stats (As of 12:25 AM)
- Weekend Gap: N/A
- Gap 1/31 -0.31% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 219.60
- Volume: 30K
- Open Int: 288K
- Trend Grade: Bull
- From BA ATH: -2.7% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18106
- Mid: 16963
- Short: 16391
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
Note
Scratch the note about margins increase. Misread the email
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