The markets gapped up and stayed very flat most of the day until drifting higher very late on 3.6 billion NASDAQ shares.
Net ticks: +7 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 and worked enough for a partial:
NQ Opening Range Play triggered short at A and long at B but both were too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
My call triggered short at A at 3549.75, hit first target for 8 ticks, second half stopped over the entry: