NQ Power Range Report with FIB Ext - 8/5/2024 Session

5 ago

NQU2024

- PR High: 18390.00
- PR Low: 18269.25

- NZ Spread: 270.0

Key scheduled economic events
09:45 | S&P Global Services PMI
10:00 | ISM Non-Manufacturing PMI
- ISM Non-Manufacturing Prices

Sustaining high volatility with wide weekend gap
- Weekend gap down remains unfilled
- Value deline ~300 points below Friday's low

Evening Stats (As of 10:55 PM 8/4)

- Weekend Gap: -0.66% (open > 18515)
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 438.33
- Volume: 66K
- Open Int: 244K
- Trend Grade: Bull
- From BA ATH: -13.6% (Rounded)

Key Levels (Rounded - Think of these as ranges)

- Long: 20954
- Mid: 19814
- 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