NQ Power Range Report with FIB Ext - 6/10/2024 SessionCME_MINI:NQM2024
- PR High: 19059.75
- PR Low: 19009.00
- NZ Spread: 113.25
No key economic calendar events
Maintaining ATH range set prev week
- Edging near Friday's close
Evening Stats (As of 12:35 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 236.27
- Volume: 17K
- Open Int: 242K
- 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
Volatility
(BTC) bitcoin "volume"The volume measures of now versus the past are at a height that is as high as when Bitcoin was at a previous all time high years ago. The main difference now versus then in case people have already forgotten is the fact that the halving means a difference in value for mining and the capacity to hold blocks, mine block, transact blocks. The current volumes are high as they ever were in the past with a decrease in mining value and an increase in large in flows from ETF transactions with holdings being done through Coinbase to afford outsiders that want to use bitcoin to invest without being the physical holder of the BTC.
The price of Bitcoin falling due to such high volumes is less likely when taking into consideratipn where the volume came into play in the first place and the halving change values.
Will there be people that will use Bitcoin to transact during the Olympics to keep their transactions private internationally? How likely is the usage of Bitcoin in the real world coming? The sooner the realization of Bitcoin as a transactional digital currency internationally is understood the stronger the usage.
You will have to make your own mind about whether the volume can go higher in the pink dot range and if the value of Bitcoin in your own mind is going to continue to increase, remain neutral thus allowing the pink dots to slowly decrease in height, or physically decrease in share value per BTC.
PINS - this social media company making a comeback LONGPINS on the weekly chart hit the ATH during the COVID era and then faded in a one-year trend
down until summer 2022. It has now reversed and is slowly trending up. The Price Volume Trend
indicator shows the reversal as starting July 29, 2022 with a correction in May 2023. I see this
as a safe swing trade targeting 50 and 65 as drawn by black horizontals. They are the levels of
a neckline of the H & S at the ATH and a small pivot in October 2021. These are roughly 20% and
50% profit at those two take profit levels.
Are we expecting more bullish in Gold?This has already built an hourly top at a strong H4 level. Gold could be breaking above with that dynamic, we also have order volume below, which we do not know if gold is still interested in. At least the last order block should be reached by tonight or beginning of next week, even if gold wants to break further above.
It could also be reversing until CAD and USD News and climb back up afterwards.
If it corrects, we could see a new floor at the H4 zone around 2348.
NQ Power Range Report with FIB Ext - 6/7/2024 SessionCME_MINI:NQM2024
- PR High: 19081.25
- PR Low: 19058.25
- NZ Spread: 51.5
Key economic calendar events
08:30 | Average Hourly Earnings
- Nonfarm Payrolls
- Unemployment Rate
AMP temp margins increase for jobs numbers vol expectations
- Holding value near ATH inside prev session range
- Holding just above Wed high
Evening Stats (As of 2:15 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 238.15
- Volume: 17K
- Open Int: 244K
- Trend Grade: Bull
- From BA ATH: -0.1% (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
NQ Power Range Report with FIB Ext - 6/6/2024 SessionCME_MINI:NQM2024
- PR High: 19097.50
- PR Low: 19071.75
- NZ Spread: 57.75
Key economic calendar event
08:30 | Initial Jobless Claims
Strong trend to a new round of ATHs
- Pausing above prev session high
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 248.72
- Volume: 23K
- Open Int: 249K
- Trend Grade: Bull
- From BA ATH: -0.1% (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
Volatility Squeeze in PalantirPalantir fell a month ago. Now, after a period of consolidation, some traders may look for the software stock to recover.
The first pattern on today’s chart is the tight volatility squeeze, illustrated by Bollinger Bandwidth in the lower study. Will the narrow price action be followed by a period of expansion?
Second is Tuesday’s last price of $22.10. It was the highest close since May 7, when PLTR dropped after earnings. That may suggest buyers are getting more interested in the name.
Third, a series of higher weekly closes may also reflect bullish sentiment.
Finally, PLTR has hugged its rising 100-day simple moving average since late April. The 8-day exponential moving average (EMA) is also nearing a potential cross above the 21-day EMA. Those patterns may indicate positive trends over the short and longer terms.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NQ Power Range Report with FIB Ext - 6/5/2024 SessionCME_MINI:NQM2024
- PR High: 18720.25
- PR Low: 18695.50
- NZ Spread: 55.25
Key economic calendar events
08:15 | ADP Nonfarm Employment Change
09:45 | S&P Global Services PMI
10:00 | ISM Non-Manufacturing PMI
- ISM Non-Manufacturing Prices
10:30 | Crude Oil Inventories
Volatile volleyball PA prev session
- Edging current week's high, above Friday's high
- Returning to prev week's range
- Prev session closed as inside bar
Evening Stats (As of 12:55 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 241.33
- Volume: 21K
- Open Int: 240K
- Trend Grade: Bull
- From BA ATH: -1.3% (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
TATAMOTORS Support Breach: Bullish Opportunity!🚨 Stock Update: TATAMOTORS 🚨
Date : 16-05-2024
TATAMOTORS breached major support today due to heavy selling pressure and closed at 936.40. I expect the stock to consolidate for a while, which presents a good opportunity to accumulate.
I'm bullish on this stock and plan to buy small quantities below 930 with a stop loss at the next support level (872.10) . My initial target is 1069 .
Stay tuned for important updates and adjustments. Upvote and follow for regular updates! 📈💼
NQ Power Range Report with FIB Ext - 6/4/2024 SessionCME_MINI:NQM2024
- PR High: 18669.75
- PR Low: 18651.25
- NZ Spread: 41.5
Key economic calendar event
10:00 | JOLTs Job Openings
Maintaining 18600 range off 18300 pivot
- Primary value still hanging around Friday's highs
- Opened above prev session close, fading to 50% of the range
Evening Stats (As of 12:25 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 239.91
- Volume: 15K
- Open Int: 245K
- Trend Grade: Bull
- From BA ATH: -2.0% (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
NQ Power Range Report with FIB Ext - 6/3/2024 SessionCME_MINI:NQM2024
- PR High: 18598.00
- PR Low: 18539.00
- NZ Spread: 131.75
Key economic calendar events
09:45 | S&P Global US Manufacturing PMI
10:00 | ISM Manufacturing PMI
- ISM Manufacturing Prices
Busy week ahead with full calendar
- Relatively high vol session open
- Advertising pivot off 18200 front run
- Friday bar tail between Keltner avgs 20 & 32
- Pushing value back to Friday's high
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 240.82
- Volume: 30K
- Open Int: 253K
- Trend Grade: Bull
- From BA ATH: -2.0% (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
Footlocker ( FL) has been resting from a fall and waiting LONG
www.msn.com [/url ]
FL is here on a 30 -minute chart. It fell badly after good earnings 3 weeks ago and has been
resting in a narrow range for about half of that. A volatility squeeze released and some price
action with corresponding increase in relative volume resulted. FL has about 50% upside to
the price level before the last earnings. i am expecting a trade for 2-3 weeks realizing 50%
profit. The news catalyst cited in the link above of an upside of 25% in an upgrade has put
trader's eyes on this ticker. Mine are as well. It has reminded me to check on Nike.
NQ Power Range Report with FIB Ext - 5/31/2024 SessionCME_MINI:NQM2024
- PR High: 18592.75
- PR Low: 18557.75
- NZ Spread: 78.5
Key economic calendar events
08:30 | Core PCE Price Index
09:45 | Chicago PMI
Value decline back into May 17 lows
- Extending from 19000 pivot
- Near daily Keltner 20 avg
Evening Stats (As of 1:05 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 226.73
- Volume: 36K
- Open Int: 253K
- Trend Grade: Bull
- From BA ATH: -2.4% (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
NQ Power Range Report with FIB Ext - 5/30/2024 SessionCME_MINI:NQM2024
- PR High: 18765.50
- PR Low: 18720.25
- NZ Spread: 101.25
Key economic calendar events
08:30 | Initial Jobless Claims
- GDP
11:00 | Crude Oil Inventories
Strong value decline to follow through on pivot from 19000
Evening Stats (As of 2:35 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 227.32
- Volume: 40K
- Open Int: 251K
- Trend Grade: Bull
- From BA ATH: -1.8% (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
Tutorial TOP DOWN Entry/ Exits DKLs ...Good morning,
I took the time to show you my analysis and how I work.
- Top Down D1 to H1
- Intraday through scalping
- DKLs / HKLs
- Important Zones
- Zone to Zone
- Specific asset volatility
- Entries
- Stop Losses and Exits
Hope you like it so far and could catch some pips. Let me know in the comments below.