The markets gapped up a little bit and generally sold off, then bounced back to close near even on 7 billion NASDAQ shares for triple expiration Friday in December.
Net ticks: +19.5 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:
NQ Opening Range Play triggered short at A, maybe a tick or two too far out of range under the rules:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: