The markets were mixed early with a gap up in the S&P and down on the NASDAQ. They went up briefly and that was the high, then dipped, then stuck in a range most of the day and then fell apart late on 4.2 billion NASDAQ shares.
Net ticks: -9 ticks.
As usual, let’s start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today’s session:
ES and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered short at A and worked and long at B and stopped:
NQ Opening Range Play triggered short at A and long at B, both too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
The 13 sell signal at the high worked perfect:
