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NQ Power Range Report with FIB Ext - 5/11/2023 Session

Long
CME_MINI:NQM2023   E-mini Nasdaq-100 Futures (Jun 2023)
NQM2023

- PR High: 13415.50
- PR Low: 13403.50

- NZ Spread: 27.0

PPI pre-RTH at 08:30 EST
- AMP Broker increased margins expecting high volatility

Weekly supply lifted, breaking and holding above daily range since April. Should excite some bulls and trigger some short stops.
Watching to see if we continue higher or fail back inside the range.

Evening Stats (As of 12:05 AM)

- Weekend Gap: N/A
- Session Open ATR: 193.34
- Volume: 18K
- Open Int: 255K
- Trend Grade: Bear
- From ATH: -19.9% (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.

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