NQ Power Range Report with FIB Ext - 1/16/2024 Session

NQH2024

- PR High: 16966.00
- PR Low: 16933.00

- NZ Spread: 74.0

No significant calendar events

First trading day of week following long weekend
- Expected heavy early volume
- Wide NZ spread from open session vols

Evening Stats (As of 12:05 AM)

- Weekend Gap: -0.05% (open > 16965)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 216.88
- Volume: 138K
- Open Int: 276K
- Trend Grade: Bull
- From ATH: -4.4% (Rounded)

Key Levels (Rounded - Think of these as ranges)

- Long: 17700
- Mid: 16391
- Short: 15819


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.
FibonacciinitialbalancekeylevelsystempowerrangeSupply and DemandVolatility

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