NQ Power Range Report with FIB Ext - 11/1/2024 Session

Nov 1, 2024

NQZ2024

- PR High: 20112.50
- PR Low: 20064.00

- NZ Spread: 108.5

Key scheduled economic events
08:30 | Average Hourly Earnings
- Nonfarm Payrolls
- Unemployment Rate
10:00 | ISM Manufacturing PMI
- ISM Manufacturing Prices
10:45 | S&P Global US Manufacturing PMI

New lows to close October below 20100
- Holding previous session lows

Session Open Stats (As of 12:55 AM 11/1)

- Weekend Gap: +0.24 (filled)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 296.40
- Volume: 28K
- Open Int: 257K
- Trend Grade: Bull
- From BA ATH: -5.2% (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

Nov 1, 2024

Note

### 🧭 PREMARKET AWARENESS

- Overnight Range
- High: 20146.50
- Low: 20017.00
- Change: 🔼🔽 0.83%
- Primary Zone: Neutral
- Sentiment: Bull
- 30 min ATR: 23.85 🔽
- NQ premarket volume check: 83K 🔽
- Vol alert: ISM at Bp.
- NQ highlight: Containing auction inside its NZ with strong nondirectional vol spike for employment numbers.
- Value spread across overnight range, gradually attempting to break into the BuZ.
- ES RTY YM highlight: Steady climbing into their BuZ since London hours.
- RTY with strongest momentum long following employment numbers vol spike.

Nov 1, 2024

Note

Overnight value correction: Primary value above 20056 to overnight high, gradually attempting to break into the BuZ.