NQ Power Range Report with FIB Ext - 5/16/2024 Session

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