The markets gapped down, eventually made their way back to fill, and then closed with the S&P literally flat and the NASDAQ down 20 on a weak 2 billion NASDAQ shares.
Net ticks: -3 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, triggered long at B and worked enough for a partial:
NQ Opening Range Play triggered short at A and stopped over the midpoint, triggered long at B and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: