NQ Power Range Report with FIB Ext - 11/6/2024 Session

Nov 6, 2024

NQZ2024

- PR High: 20364.75
- PR Low: 20335.75

- NZ Spread: 65.0

Key scheduled economic events
10:30 | Crude Oil Inventories
13:00 | 30-Year Bond Auction

High vol session open, 317 point (~1.43%) range
- AMP temp margin increase remains in place for expected volatility
- Strong auction lift back towards 20800 pivot

Session Open Stats (As of 12:15 AM 11/6)

- Weekend Gap: -0.13 (filled)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 307.30
- Volume: 81K
- Open Int: 251K
- Trend Grade: Bull
- From BA ATH: -2.9% (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 6, 2024

Note

### 🧭 PREMARKET AWARENESS

- Overnight Range
- High: 20731.25
- Low: 20323.50
- Change: 🔼 1.74%
- Primary Zone: Bull
- Sentiment: Long
- 30 min ATR: 35.46 🔼
- NQ premarket volume check: 182K 🔼
- Vol alert: Afternoon 30-Year Bond Auction.
- AMP margin requirements restored.
- NQ highlight: Heavy overnight auction, lifting value >400 points towards 20800 daily pivot.
- Hovering PR BuZ moon with majority of participation above ~20570.
- ES RTY YM highlight: Shared sentiment with similar structure.
- POPULARITY IS A STRONG INDICATOR