The markets gapped up and went higher until lunch, topped out on a 13 sell signal on the 5 minute chart, and came back a bit late on 3.4 billion NASDAQ shares.
Net ticks: +19.5 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 but too far out of range to take under the rules, triggered long at B and worked:
NQ Opening Range Play triggered at A but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: