NQ Power Range Report with FIB Ext - 5/3/2024 Session
NQM2024- PR High: 17808.00
- PR Low: 17722.00
- NZ Spread: 192.50
Key economic calendar events (loaded Friday)
08:30 | Average Hourly Earnings
- Nonfarm Payrolls
Unemployment Rate
- 09:45 | S&P Global Services PMI
10:00 | ISM Non-Manufacturing PMI
- ISM Non-Manufacturing Prices
AMP margins increase for expected vol spike
- Pushed value back into week highs
- Quick supply response above prev 2 session highs
- Ranging around prev session high
Evening Stats (As of 1:45 AM)
- Weekend Gap: +0.16 (filled)
- Gap 5/2 +0.07% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 309.57
- Volume: 27K
- Open Int: 236K
- Trend Grade: Bull
- From BA ATH: -5.0% (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
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