NQ Power Range Report with FIB Ext - 11/6/2024 Session
NQZ2024 - PR High: 20364.75
- PR Low: 20335.75
- NZ Spread: 65.0
Key scheduled economic events
10:30 | Crude Oil Inventories
13:00 | 30-Year Bond Auction
High vol session open, 317 point (~1.43%) range
- AMP temp margin increase remains in place for expected volatility
- Strong auction lift back towards 20800 pivot
Session Open Stats (As of 12:15 AM 11/6)
- Weekend Gap: -0.13 (filled)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 307.30
- Volume: 81K
- Open Int: 251K
- Trend Grade: Bull
- From BA ATH: -2.9% (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: 20731.25
- Low: 20323.50
- Change: 🔼 1.74%
- Primary Zone: Bull
- Sentiment: Long
- 30 min ATR: 35.46 🔼
- NQ premarket volume check: 182K 🔼
- Vol alert: Afternoon 30-Year Bond Auction.
- AMP margin requirements restored.
- NQ highlight: Heavy overnight auction, lifting value >400 points towards 20800 daily pivot.
- Hovering PR BuZ moon with majority of participation above ~20570.
- ES RTY YM highlight: Shared sentiment with similar structure.
- POPULARITY IS A STRONG INDICATOR
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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.