mv3trader5

NQ Power Range Report with FIB Ext - 7/27/2023 Session

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

- PR High: 15649.00
- PR Low: 15631.25

- NZ Spread: 39.75

Economic Calendar
08:30 – Initial Jobless Claims
- Core Durable Goods Orders
- GDP
10:00 – Pending Home Sales

Another session gap (up)
- Relative strong supply run through Asian hours
- Still ranging above daily 20KA

Evening Stats (As of 12:15 AM)

- Weekend Gap: N/A
- Session Gap: +0.09% (open < 15626)
- Session Gap: -0.11% (open > 15939)
- Session Open ATR: 214.37
- Volume: 27K
- Open Int: 253K
- Trend Grade: Neutral
- From ATH: -6.4% (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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.