US30: First green dayHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance ✅
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day
First Green Day ✅
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump
Dump&Pump ✅
Frontside ✅
Backside
4. THESIS:
Long: primary, the previous week was mostly a bearish market, Friday failed breakout and the higher high of yesterday can drive in a potential dump and pump scenario, if setup correctly. After the HH, the market dump and currently consolidating below the closing price. Watching for buy low if it holds till NYO 9:30am
Short: secondary, yesterday was however a pumping day, I cannot exclude the scenario where the retest of the current HOW failed and reverse. I don't see this market dropping down back to the LOW, at least not in the configuration of today template.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
Initialbalance
GBPUSD: Day 3 breakout traders long in the marketHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”
1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance ✅
Wednesday DAY 3 (reset DAY 1) Mid Point Week
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day
First Green Day
3 Days Long Breakout ✅
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump
Dump&Pump ✅
Frontside ✅
Backside
4. THESIS:
Long: primary, today is Tuesday day 2, typically the market expands the range, Asia place a higher high and dumped down, starting consolidating, there a possibility to see a high low range extension for 100% at leat of the range.
Short: secondary, price anyway is at the current HOW, it could give a short scalp HOW to LOW if setup correctly
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
NQ Power Range Report with FIB Ext - 5/28/2024 SessionCME_MINI:NQM2024
- PR High: 18956.00
- PR Low: 18905.00
- NZ Spread: 114.0
Key economic calendar event
10:00 | CB Consumer Confidence
Holding above Friday's highs
- High vol session open value decline
- Wide PR/NZ spread
- HIgh volume open from long holiday weekend
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 235.95
- Volume: 95K
- Open Int: 250K
- Trend Grade: Bull
- From BA ATH: -0.5% (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
NQ Power Range Report with FIB Ext - 4/26/2024 SessionCME_MINI:NQM2024
- PR High: 17822.50
- PR Low: 17755.25
- NZ Spread: 150.0
Key economic calendar event
08:30 | Core PCE Price Index (2x)
Closed prev high with vol spike back to week highs
- Faded with strength at open from prev session high
- Holding inventory in 17740s
Evening Stats (As of 1:35 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 309.22
- Volume: 30K
- Open Int: 256K
- Trend Grade: Bull
- From BA ATH: -4.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
NQ Power Range Report with FIB Ext - 4/25/2024 SessionCME_MINI:NQM2024
- PR High: 17486.75
- PR Low: 17437.25
- NZ Spread: 110.25
Key economic calendar events
08:30 | Initial Jobless Claims
- GDP
Strong inventory run to close prev session
- Mechanical print resulting in pivot back into 4/23 range
- Another technical session gap that structurally filled but left room to the close
- Full gap fill at 17509
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 294.38
- Volume: 28K
- Open Int: 253K
- Trend Grade: Bull
- From BA ATH: -6.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
NQ Power Range Report with FIB Ext - 4/24/2024 SessionCME_MINI:NQM2024
- PR High: 17698.50
- PR Low: 17664.00
- NZ Spread: 77.0
Key economic calendar events
08:30 | Durable Goods Orders
10:30 | Crude Oil Inventories
Daily gap up print of ~65 points, 0.35% from prev close
- Climbing above prev session high
- Inside lows of 4/17 range
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 295.59
- Volume: 30K
- Open Int: 254K
- Trend Grade: Bull
- From BA ATH: -5.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
NQ Power Range Report with FIB Ext - 4/23/2024 SessionCME_MINI:NQM2024
- PR High: 17371.75
- PR Low: 17329.25
- NZ Spread: 95.0
Key economic calendar events
09:45 | S&P Global US Manufacturing PMI
- S&P Global Services PMI
10:00 | New Home Sales
Prev session closed as double wick inside bar
- Holding near prev session close
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 4/18 +0.04% (open < 17665)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 290.59
- Volume: 26K
- Open Int: 264K
- Trend Grade: Bull
- From BA ATH: -7.3% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
NQ Power Range Report with FIB Ext - 4/22/2024 SessionCME_MINI:NQM2024
- PR High: 17263.00
- PR Low: 17196.00
- NZ Spread: 150.0
No key economic calendar event
Volatile open creating relatively wide range
- Holding above Friday's close
- Value declined back to Dec-Jan range
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 4/18 +0.04% (open < 17665)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 291.55
- Volume: 37K
- Open Int: 267K
- Trend Grade: Bull
- From BA ATH: -7.7% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
NQ Power Range Report with FIB Ext - 4/19/2024 SessionCME_MINI:NQM2024
- PR High: 17543.00
- PR Low: 17520.00
- NZ Spread: 51.5
No key economic calendar events
Heavy selling through prev session
- Below prev daily supply, 17400
- Found inventory response inside mid Jan range
- Establishing value between 17240 - 17390
Evening Stats (As of 1:55 AM)
- Weekend Gap: N/A
- Gap 4/18 +0.04% (open < 17665)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 301.12
- Volume: 144K
- Open Int: 260K
- Trend Grade: Bull
- From BA ATH: -7.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
NQ Power Range Report with FIB Ext - 4/18/2024 SessionCME_MINI:NQM2024
- PR High: 17685.50
- PR Low: 17670.00
- NZ Spread: 34.5
Key economic calendar events
08:30 | Initial Jobless Claims
- Philadelphia Fed Manufacturing Index
10:00 | Existing Home Sales
Value continuing to decline below 17000
- Responding to 2/21 inventory
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 4/18 +0.04% (open < 17665)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 282.68
- Volume: 21K
- Open Int: 254K
- Trend Grade: Bull
- From BA ATH: -5.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
NQ Power Range Report with FIB Ext - 4/17/2024 SessionCME_MINI:NQM2024
- PR High: 17916.00
- PR Low: 17896.00
- NZ Spread: 44.5
Economic calendar event:
10:30 | Crude Oil Inventories
Prev session closed flat
- Maintaining 50% of prev session range
- Above Monday's close
Evening Stats (As of 12:55 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 277.30
- Volume: 28K
- Open Int: 253K
- Trend Grade: Bull
- From BA ATH: -4.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
NQ Power Range Report with FIB Ext - 4/16/2024 SessionCME_MINI:NQM2024
- PR High: 17891.75
- PR Low: 17874.25
- NZ Spread: 39.0
Key economic calendar event
13:15 | Fed Chair Powell Speaks
Broke 200+ points below Mar inventory and holding
- Ranging below prev session low
- 17800 daily inventory from Feb
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 287.80
- Volume: 40K
- Open Int: 257K
- Trend Grade: Bull
- From BA ATH: -4.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
NQ Power Range Report with FIB Ext - 4/15/2024 SessionCME_MINI:NQM2024
- PR High: 18243.00
- PR Low: 18147.50
- NZ Spread: 213.25
Key economic calendar event
08:30 | Retail Sales (2x)
Maintaining prev week range
Evening Stats (As of 12:15 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 273.76
- Volume: 45K
- Open Int: 253K
- Trend Grade: Bull
- From BA ATH: -2.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
NQ Power Range Report with FIB Ext - 4/12/2024 SessionCME_MINI:NQM2024
- PR High: 18501.75
- PR Low: 18477.00
- NZ Spread: 55.25
No significant calendar events
Value back inside of range above 18400
- Prev session closed as engulfing bar
- Weekly high lift following widest session range of the week
- Holding value near prev session close, below the high
Evening Stats (As of 1:05 AM)
- Weekend Gap: +0.27% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 260.80
- Volume: 16K
- Open Int: 261K
- Trend Grade: Bull
- From BA ATH: -1.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
NQ Power Range Report with FIB Ext - 4/11/2024 SessionCME_MINI:NQM2024
- PR High: 18190.75
- PR Low: 18160.00
- NZ Spread: 68.75
Key economic calendar events
08:30 | Initial Jobless Claims
- PPI
13:00 | 30-Year Bond Auction
Another margin increase from AMP for expected vol spike
- Potential daily inside print
- Holding near prev session close
- >100 points from prev session low
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.27% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 252.47
- Volume: 22K
- Open Int: 256K
- Trend Grade: Bull
- From BA ATH: -2.7% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
S&P 500 - Recovery at Bouhmidi-BandsS&P 500 fell below the important level of 5200 and below the lower BB as well as the previous day's low after higher inflation data then expected. Now right after initial balance, we see a reversal towards the bandwidth. If the level is not reclaimed, the downward trend could continue today. The next targets would then be at BB (5148/5128).
NQ Power Range Report with FIB Ext - 4/10/2024 SessionCME_MINI:NQM2024
- PR High: 18384.25
- PR Low: 18370.75
- NZ Spread: 30.0
Key economic calendar events
08:30 | CPI (3x)
10:30 | Crude Oil Inventories
13:00 | 10-Year Note Auction
14:00 | FOMC Meeting Minutes
AMP margin increase for expected vol spike
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.27% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 238.30
- Volume: 11K
- Open Int: 259K
- Trend Grade: Bull
- From BA ATH: -1.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
NQ Power Range Report with FIB Ext - 4/9/2024 SessionCME_MINI:NQM2024
- PR High: 18324.75
- PR Low: 18311.25
- NZ Spread: 30.0
No significant economic calendar events
Relatively tight range prev session
- Holding Friday's highs, above the close
- Relatively low volume
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.27% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 240.45
- Volume: 12K
- Open Int: 261K
- Trend Grade: Bull
- From BA ATH: -2.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
NQ Power Range Report with FIB Ext - 4/8/2024 SessionCME_MINI:NQM2024
- PR High: 18373.50
- PR Low: 18305.00
- NZ Spread: 153.0
No key economic calendar events
- low event week with bonds
Retraced roughly 50% of prev week range
- Holding Friday's highs
- Below Friday close following quick weekend gap fill
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.27% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 253.27
- Volume: 28K
- Open Int: 261K
- Trend Grade: Bull
- From BA ATH: -2.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
NQ Power Range Report with FIB Ext - 4/5/2024 SessionCME_MINI:NQM2024
- PR High: 18118.50
- PR Low: 18074.75
- NZ Spread: 97.75
Key economic calendar events
08:30 | Average Hourly Earnings
- Nonfarm Payrolls
- Unemployment Rate
Cheap discount margins raised for employment numbers
- Massive inventory run prev session
- Holding near lows from Mar 15-19 (pivot level)
- Prev daily bar engulfing 2 preceding sessions
Evening Stats (As of 1:55 AM)
- Weekend Gap: +0.21% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 244.60
- Volume: 41K
- Open Int: 260K
- Trend Grade: Bull
- From BA ATH: -3.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
NQ Power Range Report with FIB Ext - 4/4/2024 SessionCME_MINI:NQM2024
- PR High: 18394.00
- PR Low: 18377.75
- NZ Spread: 36.25
Key economic calendar event
08:30 | Initial Jobless Claims
Back inside prev week's inventory zone
- Vol spike at session open up 90+ points
- Holding near prev session highs, above the close
- Another potential pivot off daily 20-32 Keltner avg
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.21% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 228.85
- Volume: 22K
- Open Int: 260K
- Trend Grade: Bull
- From BA ATH: -1.3% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
NQ Power Range Report with FIB Ext - 4/3/2024 SessionCME_MINI:NQM2024
- PR High: 18347.75
- PR Low: 18324.75
- NZ Spread: 51.5
Key economic calendar 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
12:10 | Fed Chair Powell Speaks
170+ point break below prev week range
- Dipping below prev session close, above the low
- Below daily 20 Keltner avg
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.21% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 226.37
- Volume: 21K
- Open Int: 257K
- Trend Grade: Bull
- From BA ATH: -2.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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
NQ Power Range Report with FIB Ext - 4/2/2024 SessionCME_MINI:NQM2024
- PR High: 18498.75
- PR Low: 18472.25
- NZ Spread: 59.5
Key economic calendar event
10:00 | JOLTs Job Openings
Prev session closed virtual flat, wide range
- Maintaining 2 week range
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.21% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 220.56
- Volume: 18K
- Open Int: 259K
- Trend Grade: Bull
- From BA ATH: -1.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
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