The markets gapped up, filled, went flat for hours, popped on the Fed, and then came back on 4.5 billion NASDAQ shares.
Net ticks: +11.5 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 short at A and worked, triggered long at B but too late to take:
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:
