NQ Power Range Report with FIB Ext - 5/23/2024 Session

23 May

NQM2024

- PR High: 18873.25
- PR Low: 18843.00

- NZ Spread: 67.75

Key economic calendar events
08:30 | Initial Jobless Claims
09:45 | S&P Global US Manufacturing PMI
- S&P Global Services PMI
10:00 | New Home Sales

High vol spike at prev session close
- Session gap into ATH push with momentum
- Supply ceiling at ~18972
- Pushed the high ~80 points

Evening Stats (As of 12:05 AM)

- Weekend Gap: N/A
- Gap 5/23 +0.23% (open < 18824)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 226.65
- Volume: 33K
- Open Int: 249K
- Trend Grade: Bull
- From BA ATH: -0.0% (Rounded)

Key Levels (Rounded - Think of these as ranges)

- Long: 19246
- Mid: 18106
- 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