NQ Power Range Report with FIB Ext - 8/23/2024 Session

22
NQU2024

- PR High: 19637.25
- PR Low: 19612.50

- NZ Spread: 55.25

Key scheduled economic events
10:00 | Fed Chair Powell Speaks
- New Home Sales

20000 pivot short back towards daily Keltner cloud
- Maintaining previous session lows ahead of what could be a high vol Friday morning

Session Open Stats (As of 1:55 AM 8/23)

- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 401.27
- Volume: 21K
- Open Int: 234K
- Trend Grade: Bull
- From BA ATH: -6.1% (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

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