NQ Power Range Report with FIB Ext - 7/20/2023 Session
NQU2023- PR High: 15925.75
- PR Low: 15844.00
- NZ Spread: 182.75
Major vol increase, huge NZ spread
- Strong inventory run during PR hour
- Anticipated correction enroute to ATH
- Strongest volume of the week
Economic Events
08:30 – Initial Jobless Claims
- Philadelphia Fed Manufacturing Index
10:00 – Existing Home Sales
Evening Stats (As of 12:15 AM)
- Weekend Gap: N/A
- Session Gap: -0.11% (open > 15939)
- Session Open ATR: 214.49
- Volume: 35K
- Open Int: 262K
- Trend Grade: Neutral
- From ATH: -5.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 16105
- Mid: 15533
- Short: 15247
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.
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