NQ Power Range Report with FIB Ext - 11/7/2024 SessionCME_MINI:NQZ2024
- PR High: 20923.50
- PR Low: 20889.00
- NZ Spread: 77.0
Key scheduled economic events
08:30 | Initial Jobless Claims
13:00 | Fed Interest Rate Decision
14:00 | FOMC Statement
14:30 | FOMC Press Conference
AMP Futures increased margin requirements overnight
- Broke above 20800 daily pivot
- Continuing to auction above previous session high
Session Open Stats (As of 12:25 AM 11/7)
- Weekend Gap: -0.13 (filled)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 310.36
- Volume: 24K
- Open Int: 262K
- Trend Grade: Bull
- From BA ATH: -1.3% (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
Fomcpositioning
20yr yield breakout from C waveCurrently monitoring the 20yr bond yield. On this Chart. I've found a desc. Triangle breakout set up with a bullish wave count. Also notice the yield is at an oversold level for this time frame and below the cloud. I'm looking for the yield to retrace back up above the 5th elliot wave and close above 4.367at minimum before going higher.
Disclosure: I have puts on NASDAQ:TLT
NQ Power Range Report with FIB Ext - 8/21/2024 SessionCME_MINI:NQU2024
- PR High: 19819.00
- PR Low: 19787.50
- NZ Spread: 70.5
Key scheduled economic events
10:30 | Crude Oil Inventories
14:00 | FOMC Meeting Minutes
Swinging inside range ahead of FOMC day
- Auction continues inside previous session range
Session Open Stats (As of 11:15 PM 8/20)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 409.61
- Volume: 14K
- Open Int: 237K
- Trend Grade: Bull
- From BA ATH: -5.5% (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
THE KOG REPORT - FOMCThe KOG REPORT – FOMC
This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price.
On Sundays report we said we had 3 levels in mind for the week ahead. 2010-12, 2030-35 and extension level 2045-50. It’s this level here we were expecting a move into for a potential tap and bounce, however, on Monday we activated long and took our trades from the 2018 completing another Excalibur target today around 2043. We’re still within the plan on the KOG Report, but FOMC is likely to throw us some curve balls, so we’ll have to play the cards we’re dealt for the rest of the week!
So, for todays move we’re still looking at extreme levels, not only due to FOMC, which may already be priced in, but also for NFP. We’re going to highlight the above resistance level as 2060-5 as a potential target level from support regions below, that’s if the price level is not touched during the rest of the week. This now turns 2030-35 into support on the flip which could be a level they dip into on the move, to then continue the move to the upside, before we then see a reaction in price.
Pre-event plan, we’re going to stick with one scenario, if we get it we’re in, if not, we’re happy to sit and wait for the right set up. If you’ve taken enough from the market already, please also do the same. We’ll be looking for price to push up into the 2060-65 region and hold, this level we feel holds an opportunity to short the market back down into the 2050-45 price point, and then below that 2030-35. Price will need to break below the 2030 level to complete the move to the downside, as we initially wanted in the KOG report on Sunday targeting the break of 2000!
Price breaks above 2060-65, we’ll sit and wait for tomorrow and let Excalibur activate.
KOG’s bias for the event:
Bullish above 2030 with targets above 2060 and above that 2065
Bearish on break of 2030 with target below 2010
Please use this as a guide, FOMC is most likely priced in. It’s the press conference 30mins into the hour where the market will be looking for clues to future economic news. We may see some late sessions movement across the markets, so please make sure you have a strict risk model in place, if you’re going to try and trade it. Otherwise, sit it out, wait for them to move the market to where they want to, then look for the right set up at the right time.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
NQ Power Range Report with FIB Ext - 1/31/2024 SessionCME_MINI:NQH2024
- PR High: 17462.00
- PR Low: 17409.00
- NZ Spread: 118.5
Key economic calendar events
08:15 | ADP Nonfarm Employment Change
09:45 | Chicago PMI
10:30 | Crude Oil Inventories
14:00 | FOMC Statement
- Fed Interest Rate Decision
- FOMC Press Conference
Substantial session gap down, unfilled
- Ranging below the lows of prev 5 sessions
- Resting on Jan 22-23 inventory
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 1/31 -0.31% (open > 14470)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 217.36
- Volume: 29K
- Open Int: 294K
- Trend Grade: Bull
- From BA ATH: -1.9% (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
THE KOG REPORT - FOMCKOG REPORT – FOMC:
This is our view for FOMC tomorrow, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price.
There is a huge possibility this FOMC is already priced in, so we may not see too much movement until the press conference which will be held 30mins after the release. We have a few levels in mind where we will be looking for a reaction in price, however, we would ideally like to wait until tomorrow to see where the daily closes before getting in. Otherwise, it will be a quick scalp on the retracement or pullback of the move.
One thing we need to keep in mind is the NFP movement and where the began the sharp decline and left a void. The structure entails a move up at some point into that 2030-35 region which is the level to watch as well as a target level for any potential long trades. That’s what we will potentially be looking for, and IF we get there, we see a RIP, we’ll be looking to trade this back down for lower pricing.
On the flip, if they take this down, we’re too low to attempt shorting it with the added risk of the void above, so we’ll be looking at the lower level for a RIP, a confirmed set up, and then look to carry the price upside into the order regions highlighted. Fortunately, we have our trusted guide (Excalibur) which we will be monitoring closely for activations in the given direction of our plans.
Levels to watch:
Support – 1978 / 1969 / 1952
Resistance – 1993 / 2006 / 2015
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
NQ Power Range Report with FIB Ext - 11/1/2023 SessionCME_MINI:NQZ2023
- PR High: 14478.00
- PR Low: 14453.00
- NZ Spread: 56.0
FOMC Day
08:15 – ADP Nonfarm Employment Change
10:00 – ISM Manufacturing PMI
- ISM Manufacturing Prices
- JOLTs Job Openings
10:30 – Crude Oil Inventories
14:00 – FOMC Statement
- Fed Interest Rate Decision
14:30 – FOMC Press Conference
Holding over Monday's high
- NZ spread increase
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.47% (open < 14272)
- Session Gap 8/2: -0.33% (open > 15807)
- Session Gap 7/20: -0.11% (open > 15939)
- Session Open ATR: 249.56
- Volume: 18K
- Open Int: 258K
- Trend Grade: Neutral
- From ATH: -13.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15247
- Mid: 14675
- Short: 13531
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.
NQ Power Range Report with FIB Ext - 9/20/2023 SessionCME_MINI:NQZ2023
- PR High: 15386.50
- PR Low: 15377.25
- NZ Spread: 20.75
Tight NZ spread ahead of FOMC day
14:00 – FOMC Economic Projections
- FOMC Statement
- Fed Interest Rate Decision
14:30 – FOMC Press Conference
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Session Gap: -0.33% (open > 15807)
- Session Gap: -0.11% (open > 15939)
- Session Open ATR: 224.75
- Volume: 17K
- Open Int: 235K
- Trend Grade: Neutral
- From ATH: -8.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 16105
- Mid: 15247
- Short: 14675
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.
XAUUSD - KOG REPORT - FOMCFOMC – KOG Report:
This is our view for FOMC today, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price.
On Sunday’s KOG Report we said the report would only be applicable for the first half of the week due to FOMC today. We did well with this so will stick with some of the levels from the report for today. We’re going to keep this FOMC Report short this time as we’re not likely to be trading again until tomorrow. For those who are keen to get involved, we’ve highlighted the key levels to look for a reaction in price. The daily is showing a potential swing where a bullish move here can take it up towards testing the 2000 level and slightly above. For that reason, we’ve given the level on the break up towards 2005-8 with the initial hurdle being the 1980-85 level.
On the flip, 1975-80 is another level to keep an eye on. We’re not publishing the daily bias today, but this was yesterdays bearish below level with a rejection around here potentially leading to price first attacking the 1945 region and below the 1930-35 order region which was our initial target for the short trades.
Illustrated on the chart is the potential path, obviously with the swings, spikes and volatility expected please take it as a guide. We’ll only be looking for extreme levels in Camelot and that, as we said above is probably going to be in the sessions ahead.
If you’re new to trading, the trade will come after the event. Please try not to get involved in the pre-event price action, it’s going to chop you in the range before they make the move. Best practice is to come back to the markets tomorrow and look for a clean set up.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
NQ Power Range Report with FIB Ext - 7/26/2023 SessionCME_MINI:NQU2023
- PR High: 15739.50
- PR Low: 15619.75
- NZ Spread: 267.25
!FOMC DAY!
08:30 – Building Permits
10:00 – New Home Sales
10:30 – Crude Oil Inventories
14:00 – FOMC Statement
- Fed Interest Rate Decision
14:30 – FOMC Press Conference
Huge inventory drop at session open
- Extremely wide NZ spread
- High vol expected indicated by cheap brokers (AMP)
Evening Stats (As of 12:15 AM)
- Weekend Gap: N/A
- Session Gap: -0.11% (open > 15939)
- Session Open ATR: 215.64
- Volume: 35K
- Open Int: 253K
- Trend Grade: Neutral
- From ATH: -6.7% (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.
NQ1! Supply and Demand LevelHello everyone! Huge news week ahead!
Trying out a new theme style for my charts and candles. Going to trial this for a few days-week to see if it is more appealing and easier to read as I trade.
Going into NY session, I am keeping open to this break above the trend line for a possible descending triangle. I would like to use the bottom demand zones as a pop up layer to get through the above 2-4HR supply zones. With the news releases I feel like we might have large momentum in either direction. Hoping I do not encounter any issues with my platform!
EOW Targets
BULLS: 15753 by the 45M inside zone looks interesting.
BEARS: 15360 by the 3HR zone and pivot target looks interesting.
NQ Power Range Report with FIB Ext - 5/3/2023 SessionCME_MINI:NQM2023
- PR High: 13171.00
- PR Low: 13156.50
- NZ Spread: 32.5
**FOMC AFTERNOON**
Evening Stats (As of 12:15 AM)
- Weekend Gap: N/A
- Session Open ATR: 198.96
- Volume: 16K
- Open Int: 243K
- Trend Grade: Bear
- From ATH: -21.3% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 13531
- Mid: 12959
- Short: 12392
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.
NQ Power Range Report with FIB Ext - 3/22/2023 SessionCME_MINI:NQM2023
- PR High: 12874.75
- PR Low: 12862.25
- NZ Spread: 28.0
Evening Stats (As of 12:15 AM)
- Weekend Gap: N/A
- 8/19 Session Gap: -0.04% (open > 13237)
- Session Open ATR: 260.79
- Volume: 14K
- Open Int: 214K
- Trend Grade: Bear
- From ATH: -23.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 12959
- Mid: 12392
- Short: 11820
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.
NQ Power Range Report with FIB Ext - 2/1/2023 SessionCME_MINI:NQH2023
- PR High: 12121.50
- PR Low: 12096.00
- NZ Spread: 57.0
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- 8/19 Session Gap: -0.04% (open > 13237)
- Session Open ATR: 260.07
- Volume: 19K
- Open Int: 275K
- Trend Grade: Bear
- From ATH: -27.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 12391
- Mid: 11820
- Short: 10678
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.
5 Reasons why Interest Rate hikes causes markets to fall - FOMC We had the CPI come our better than expected (7.1%) versus 7.3% expected.
This means finally inflation is decelerating at an accelerating rate which is good for the markets.
However, today with the FOMC they are expecting a 50 bps hike or 0.5% rise.
Just a reminder in simple terms
Interest rates is the amount of money (expressed as a %) that a lender charges a borrower for the use of their money.
The interest rate is the percentage of the money you borrowed that you have to pay back as a fee.
Now there are a few reasons why interest rate hikes can cause global markets to fall including.
1. Better places to invest in
Investors take their money out of stocks and financial assets and into banks where the potential return is higher.
2. Strong economy
When interest rates rise it tells is the economy is improving and getting stronger. This can lead to higher inflation expectations.
3. Expensive for businesses
When interest rates rise, it makes the borrowing more expensive for businesses. This is based on the borrowing of buildings, assets and equipment. They now need to pay a higher rate to finance their debt.
4. Better for bonds and fixed investments
Again, investors want a better ROI. They will take money out of the financial markets and more into bonds and other fixed-income investments.
5. Higher US Dollar
Higher Interest rates often lead to a stronger dollar. U.S Exports become less competitive which hurts many multi-national companies. and less attractive for U.S stocks.
Hope that helps. Save this so you have an idea on how Interest Rates move the markets. Follow for more daily tips. Thanks for the support.
Trade well, live free.
Timon
MATI Trader
NQ Power Range Report with FIB Ext - 12/14/2022 SessionCME_MINI:NQH2023
- PR High: 11973.75
- PR Low: 11951.75
- NZ Spread: 49.0
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- 8/19 Session Gap: -0.04% (open > 13237)
- Session Open ATR: 293.97
- Volume: 18K
- Open Int: 195K
- Trend Grade: Bear
- From ATH: -28.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 12391
- Mid: 11820
- Short: 10678
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.
NQ Power Range Report with FIB Ext - 11/30/2022 SessionCME_MINI:NQZ2022
- PR High: 11522.00
- PR Low: 11497.75
- NZ Spread: 54.25
Evening Stats (As of 12:15 AM)
- Weekend Gap: -0.46% (filled)
- 8/19 Session Gap: -0.04% (open > 13237)
- Session Open ATR: 283.97
- Volume: 16K
- Open Int: 248K
- Trend Grade: Bear
- From ATH: -31.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 12391
- Mid: 11820
- Short: 10678
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.
NQ Power Range Report with FIB Ext - 11/23/2022 SessionCME_MINI:NQZ2022
- PR High: 11751.75
- PR Low: 11730.00
- NZ Spread: 48.75
Evening Stats (As of 12:25 AM)
- Weekend Gap: -0.10% (filled)
- 8/19 Session Gap: -0.04% (open > 13237)
- Session Open ATR: 315.62
- Volume: 13K
- Open Int: 247K
- Trend Grade: Bear
- From ATH: -30.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 12391
- Mid: 11820
- Short: 10678
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.
QQQ possible inverse head and shoulders on the dailyThe $QQQ is triggering a long setup on the right shoulder of a possible inverse head and shoulders.
A (conservative) measured move of the head to the neck, from the lower right shoulder, gives a target of $302.40.
The FOMC meeting is on Wed 11/02.
News on 10/27: "Economists at BlackRock are speaking with financial advisers, saying that they are expecting "pivot language" at the next Federal Open Market Committee (FOMC) meeting".
If these rumors prove true at the FOMC meeting, the market and QQQ could have the catalyst to reach the target (quickly).
This idea is only based on the charts, but the FOMC could provide a catalyst.