NQ Power Range Report with FIB Ext - 2/6/2024 SessionCME_MINI:NQH2024
- PR High: 17711.00
- PR Low: 17693.00
- NZ Spread: 40.0
No key economic calendar events
Prev session closed practically no change
- Still hanging out near ATHs
- Daily print painted for potential break long
- Liquidity pool below 17600
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 230.29
- Volume: 19K
- Open Int: 287K
- Trend Grade: Bull
- From BA ATH: -0.3% (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
Keylevelstrading
NQ Power Range Report with FIB Ext - 2/5/2024 SessionCME_MINI:NQH2024
- PR High: 17723.50
- PR Low: 17691.50
- NZ Spread: 71.5
Key economic calendar events
09:45 | S&P Global Services PMI
10:00 | ISM Non-Manufacturing PMI
- ISM Non-Manufacturing Prices
Back inside ATH range
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 234.39
- Volume: 33K
- Open Int: 287K
- Trend Grade: Bull
- From BA ATH: -0.6% (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
NQ Power Range Report with FIB Ext - 11/29/2023 SessionCME_MINI:NQZ2023
- PR High: 16057.75
- PR Low: 16040.50
- NZ Spread: 38.75
Key economic events
08:30 | GDP
10:30 | Crude Oil Inventories
Maintaining weekly range
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 203.10
- Volume: 27K
- Open Int: 287K
- Trend Grade: Neutral
- From ATH: -4.2% (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.
BAJFINANCE looks undecisive and could breakout either wayJust marking a couple of levels on the daily where the stock has been taking support(5925) and resistance(6223) multiple times now. We wait for a breakout on either side. A strong closing above or below these levels could trigger our entry but caution is advised as it's been stuck in this zone for a while now. Entry looks good with 1:3 being the minimum target. Lower SL Bigger Targets. Cheers and Happy Trading.
Which Will Win? Breakout Trade For The Short or IHNS?On the 4hr time frame, I see an inverted head neck and shoulders. But on the daily timeframe , I just see consolidation. So what I'm looking for this week is to see if the IHNS will complete and be respected, or is this the beginning of a swing sell? We'll know for certain this week.
Intraday TPs were added upon request this week.
BULL TPs:
• 1.39715
• 1.40003
• 1.40463
• 1.40745
• 1.41127
• 1.41741
BEARS TPs:
• 1.38865
• 1.38637
• 1.38289
• 1.38089
• 1.37845
• 1.37629