NQ Power Range Report with FIB Ext - 5/16/2024 SessionCME_MINI:NQM2024
- PR High: 18657.00
- PR Low: 18640.00
- NZ Spread: 38.0
No significant economic calendar events
Pushed ATH to ~18760
- Faded back inside Wed range
- Inventory response of prev session low, slight session break gap up
- Relatively low volume to start the session
Evening Stats (As of 1:45 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 240.60
- Volume: 19K
- Open Int: 245K
- Trend Grade: Bull
- From BA ATH: -0.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 19246
- Mid: 18106
- 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
