Another nice trading session for futures with big Opening Range play winners plus a nice regular ES call. The markets gapped up and sold off quickly. See the ES section below.
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 Range and Institutional Range Plays:
ES Opening Range Play triggered short at A and worked great:
NQ Opening Range Play triggered short at A and worked great:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Triggered short at A at 2023.50, hit first target for 6 ticks, lowered stop 3 times and stopped final piece at 2020.25: