The markets gapped up a little, filled early, and spent lunch time around even. We swept lower after lunch, then popped back up to the UBreak on the ES in the last hour before settling almost even for the day on 2.2 billion NASDAQ shares. The Opening Range plays swept one way first before working the other.
Net ticks: -9.5 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 stopped, triggered short at B and worked:
NQ Opening Range Play triggered long at A and stopped, triggered short at B and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
