The markets gapped up and eventually came back exactly to fill, but after bad volume early, there wasn’t much to do. Opening Range plays netted out gains, see that section below. NASDAQ volume was 1.4 billion shares.
Net ticks: +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 I closed it for a small loss for a few reasons, including lack of volume:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
