Key scheduled economic events: 08:30 | Initial Jobless Claims - Retail Sales (Core|MoM) - Philadelphia Fed Manufacturing Index
Full rotation back to 21400 range supply - Pressure applied to long-term shorts below 21200 - Auction halted at edge of daily Keltner average cloud - Holding below previous session close
Session Open Stats (As of 12:35 AM 1/16)
- Weekend Gap: N/A - Gap 10/30/23 +0.47% - Session Open ATR: 383.66 - Volume: 23K - Open Int: 253K - Trend Grade: Bull - From BA ATH: -4.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667 - Mid: 21525 - Short: 19814
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
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