The markets gapped up,
pulled back a bit, went higher over lunch, then spiked on the Fed
announcement and ended up closing about where that spike stopped on 2.5
billion NASDAQ shares.
Net ticks: -7.5 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 and stopped, triggered long at B and stopped:
NQ Opening Range Play triggered long at A and worked, triggered short at B and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Our call triggered short at 2650.25, hit first target for 6 ticks, stopped second half over the entry:
