The markets gapped up, went a little higher, then rolled but didn’t fill the gap, then popped up just over the highs during lunch, and then flatlined for the back 3 hours on 1.5 billion NASDAQ shares.
Net ticks: +28 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 long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
My call triggered short at A at 2189.50, hit first target for 6 ticks, and stopped second half 9 ticks in the money after lowering the stop:
