Powell set to testify again at B-period. Economic Events: 08:30 – Initial Jobless Claims 10:00 – Existing Home Sales - Fed Chair Powell Testifies 11:00 – Crude Oil Inventories
Strong inventory drop during Wednesday's session - Finally showing retracement on daily print - No immediate vol spike for Powell Wednesday
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A - Session Open ATR: 225.48 - Volume: 22K - Open Int: 248K - Trend Grade: Neutral - From ATH: -10.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 15533 - Mid: 15247 - Short: 14675
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.