The markets basically opened flat and did not much for 90 minutes, filled the gap, then sold off hard over lunch and then went flat for the last 2 hours on 5.1 billion NASDAQ shares.
Net ticks: -42 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 stopped:
NQ Opening Range Play triggered short at A but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: