The markets gapped down, tried both ways, and ultimately close near the lows on a horrible 1.7 billion NASDAQ shares.
Net ticks: -1 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 worked, triggered long at B and stopped:
NQ Opening Range Play triggered long at A but too far out of range to take, triggered short at B and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
