Key scheduled economic events 09:45 | S&P Global Services PMI 10:00 | ISM Non-Manufacturing PMI - ISM Non-Manufacturing Prices
Sustaining high volatility with wide weekend gap - Weekend gap down remains unfilled - Value deline ~300 points below Friday's low
Evening Stats (As of 10:55 PM 8/4)
- Weekend Gap: -0.66% (open > 18515) - Session Gap 7/24: -0.32% (open > 19946) - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 438.33 - Volume: 66K - Open Int: 244K - Trend Grade: Bull - From BA ATH: -13.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954 - Mid: 19814 - 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