The markets opened fairly flat with a small gap down on the NQ and basically headed higher, breaking out of a nice cup and over Monday’s high over lunch, but closing right there in the end on 1.85 billion NASDAQ shares. Our main call didn’t trigger and the Opening Range plays were a wash. See that section below.
Net ticks: +0 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 short at A and stopped, triggered long at B and worked enough for a partial:
NQ Opening Range Play triggered long at A and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
