The markets gapped up, sold off, never quite filled, but went flat for everything but the first hour of the session on 3.9 billion NASDAQ shares.
Net ticks: +14.5 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 enough for a partial, triggered short at B and worked:
NQ Opening Range Play triggered long at A but too far out of range to take, same with the short:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
My call triggered short at A under 3372.25, hit first target for 8 ticks, went lower but came back up and stopped over the entry instead of hitting Pivot first: