NQ Power Range Report with FIB Ext - 2/29/2024 Session

Updated
NQH2024

- PR High: 18019.75
- PR Low: 18003.75

- NZ Spread: 33.5

Key economic calendar events
08:30 | Initial Jobless Claims
- Core PCE Price Index (YoY/MoM)
09:45 | Chicago PMI

Prev session faded back into week's lows
- Strong inventory response to start session
- Lifting back above prev session close
- Potential resistance from Fri to Tue lows

Evening Stats (As of 12:05 AM)

- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 228.46
- Volume: 22K
- Open Int: 289K
- Trend Grade: Bull
- From BA ATH: -1.0% (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
Correct PR

- PR High: 17880.00
- PR Low: 17865.00
FibonacciinitialbalancekeylevelsystempowerrangeretraceSupply and DemandVolatility

Also on:

Related publications

Disclaimer