NQ Power Range Report with FIB Ext - 7/7/2023 Session Long

CME_MINI:NQU202315

E-mini Nasdaq-100 Futures (Sep 2023)CME

Description

⋅ Jul 7, 2023 5:44 AM

CME_MINI:NQU2023

- PR High: 15211.50
- PR Low: 15211.50

- NZ Spread: 38.75

Big open interest jump

Discount brokers adjust margin req.:
08:30 – Average Hourly Earnings
- Nonfarm Payrolls
- Unemployment Rate

50% intraday retracement off RTH inventory
- Holding daily range, half-back

Evening Stats (As of 1:35 AM)

- Weekend Gap: +0.09% (closed)
- Session Open ATR: 217.38
- Volume: 22K
- Open Int: 253K
- Trend Grade: Neutral
- From ATH: -9.1% (Rounded)

Key Levels (Rounded - Think of these as ranges)

- Long: 15533
- Mid: 15247
- Short: 14675

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.

Comment

⋅ Jul 7, 2023 6:26 AM

PR Levels correction:

- PR High: 15228.75
- PR Low: 15211.50