NQ Power Range Report with FIB Ext - 7/6/2023 Session

NQU2023

- PR High: 15360.75
- PR Low: 15350.00

- NZ Spread: 24.25

Economic Events:
08:15 – ADP Nonfarm Employment Change
08:30 – Initial Jobless Claims
09:45 – Services PMI
10:00 – ISM Non-Manufacturing PMI
JOLTs Job Openings
11:00 – Crude Oil Inventories

Strong inventory run during Asian hours
- Tapped bear zone moon
- Maintaining daily range

Evening Stats (As of 12:05 AM)

- Weekend Gap: +0.09% (closed)
- Session Open ATR: 218.96
- Volume: 23K
- Open Int: 246K
- Trend Grade: Neutral
- From ATH: -8.5% (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.
FibonacciinventoryretracementSupply and DemandVolatility

Also on:

Related publications

Disclaimer