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NQ Power Range Report with FIB Ext - 7/26/2023 Session

CME_MINI:NQU2023   E-mini Nasdaq-100 Futures (Sep 2023)
NQU2023

- PR High: 15739.50
- PR Low: 15619.75

- NZ Spread: 267.25

!FOMC DAY!
08:30 – Building Permits
10:00 – New Home Sales
10:30 – Crude Oil Inventories
14:00 – FOMC Statement
- Fed Interest Rate Decision
14:30 – FOMC Press Conference

Huge inventory drop at session open
- Extremely wide NZ spread
- High vol expected indicated by cheap brokers (AMP)

Evening Stats (As of 12:15 AM)

- Weekend Gap: N/A
- Session Gap: -0.11% (open > 15939)
- Session Open ATR: 215.64
- Volume: 35K
- Open Int: 253K
- Trend Grade: Neutral
- From ATH: -6.7% (Rounded)

Key Levels (Rounded - Think of these as ranges)

- Long: 16105
- Mid: 15533
- Short: 15247


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.

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