The markets gapped up, went higher for 45 minutes, topped out for the day, came back and were sitting on the VWAP heading into the last hour before selling off on 3.1 billion shares, which is the lightest day in a while despite options expiration.
Net ticks: +1.5 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, the chart data is wrong, using the correct data it triggered short at A and stopped over the midpoint, triggered long at B and worked:
NQ Opening Range Play:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
