Nice Opening Range plays although the first 30 minutes was dead flat on the broad market after a gap up. Overall, a good session on a weak 1.5 billion NASDAQ shares.
Net ticks: +32 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 (boy the trigger was over 30 minutes into the market!):
NQ Opening Range Play triggered long at A and worked, triggered short at B and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: