The markets gapped down and inched up during the day on 1.7 billion NASDAQ shares for the Veteran’s Day bank holiday. We never quite filled the gaps, but volume was stronger early than expected and then died down to close weak.
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 worked:
NQ Opening Range Play triggered short at A but we don’t take by rule because we were long ES and this wasn’t into the gap, triggered long at B and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
