The markets gapped up, surged higher for 30 minutes, pulled back on some news, tried the highs ahead of lunch, and that was it for the day on 2 billion NASDAQ shares.
Net ticks: +23 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 long at A and worked great:
NQ Opening Range Play triggered long at A but even though the OR was
finally small enough, the candle leading out of it was too great to
take for risk under the rules:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
