NQ Power Range Report with FIB Ext - 1/31/2024 Session

NQH2024

- PR High: 17462.00
- PR Low: 17409.00

- NZ Spread: 118.5

Key economic calendar events
08:15 | ADP Nonfarm Employment Change
09:45 | Chicago PMI
10:30 | Crude Oil Inventories
14:00 | FOMC Statement
- Fed Interest Rate Decision
- FOMC Press Conference

Substantial session gap down, unfilled
- Ranging below the lows of prev 5 sessions
- Resting on Jan 22-23 inventory

Evening Stats (As of 12:05 AM)

- Weekend Gap: N/A
- Gap 1/31 -0.31% (open > 14470)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 217.36
- Volume: 29K
- Open Int: 294K
- Trend Grade: Bull
- From BA ATH: -1.9% (Rounded)

Key Levels (Rounded - Think of these as ranges)

- Long: 18106
- Mid: 16963
- Short: 16391


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