Key scheduled economic events: 08:15 | ADP Nonfarm Employment Change 09:45 | S&P Global Services PMI 10:00 | ISM Non-Manufacturing PMI - ISM Non-Manufacturing Prices 10:30 | Crude Oil Inventories
Value decline below previous session close, inside the wide overnight range - Lowest volume of the week, resting above daily Keltner average cloud - Distant sell liquidity below 21240
Session Open Stats (As of 12:35 AM 2/5)
- Weekend Gap: -1.72% (filled) - Gap 10/30/23 +0.47% - Session Open ATR: 413.33 - Volume: 29K - Open Int: 257K - Trend Grade: Bull - From BA ATH: -4.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667 - Mid: 21525 - Short: 19814
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