NQ Power Range Report with FIB Ext - 5/8/2024 Session

NQM2024

- PR High: 18204.25
- PR Low: 18180.75

- NZ Spread: 52.5

Key economic calendar events
10:30 | Crude Oil Inventories
13:00 | 10-Year Note Auction

Prev session closed virtually flat
- Holding inside prev session range
- Near Monday's high
- Potential daily pivot off 18300 zone
- Another low vol session open

Evening Stats (As of 12:25 AM)

- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 285.39
- Volume: 15K
- Open Int: 232K
- Trend Grade: Bull
- From BA ATH: -2.7% (Rounded)

Key Levels (Rounded - Think of these as ranges)

- Long: 18675
- Mid: 18106
- Short: 16963


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