The markets gapped down and were dead flat for a while, then moved up ahead of lunch, then came back on news that the new virus had entered the US, and then closed in the lower half of the range on 2.6 billion NASDAQ shares.
Net ticks: -11.5 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 long at A and worked eventually:
NQ Opening Range Play triggered long at A and stopped under the midpoint:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
