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

8 ago

NQU2024

- PR High: 17928.00
- PR Low: 17862.25

- NZ Spread: 147.0

Key scheduled economic events
08:30 | Initial Jobless Claims
13:01 | 30-Year Bond Auction

Filled weekend gap then faded back inside range
- Maintaining week range, running out of supply high & low

Evening Stats (As of 10:45 PM 8/7)

- Weekend Gap: -0.66% (filled)
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 493.18
- Volume: 44K
- Open Int: 244K
- Trend Grade: Bull
- From BA ATH: -14.1% (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