The markets gapped up, didn’t do much in the morning, went higher over lunch, then came back to where they started on 3.5 billion NASDAQ shares.
Net ticks: -13 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 stopped under the midpoint:
NQ Opening Range Play triggered long at A and short at B and both were too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: