NQ Power Range Report with FIB Ext - 11/1/2024 Session
NQZ2024 - PR High: 20112.50
- PR Low: 20064.00
- NZ Spread: 108.5
Key scheduled economic events
08:30 | Average Hourly Earnings
- Nonfarm Payrolls
- Unemployment Rate
10:00 | ISM Manufacturing PMI
- ISM Manufacturing Prices
10:45 | S&P Global US Manufacturing PMI
New lows to close October below 20100
- Holding previous session lows
Session Open Stats (As of 12:55 AM 11/1)
- Weekend Gap: +0.24 (filled)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 296.40
- Volume: 28K
- Open Int: 257K
- Trend Grade: Bull
- From BA ATH: -5.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 17533
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
### 🧭 PREMARKET AWARENESS
- Overnight Range
- High: 20146.50
- Low: 20017.00
- Change: 🔼🔽 0.83%
- Primary Zone: Neutral
- Sentiment: Bull
- 30 min ATR: 23.85 🔽
- NQ premarket volume check: 83K 🔽
- Vol alert: ISM at Bp.
- NQ highlight: Containing auction inside its NZ with strong nondirectional vol spike for employment numbers.
- Value spread across overnight range, gradually attempting to break into the BuZ.
- ES RTY YM highlight: Steady climbing into their BuZ since London hours.
- RTY with strongest momentum long following employment numbers vol spike.
Note
Overnight value correction: Primary value above 20056 to overnight high, gradually attempting to break into the BuZ.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.