The markets gapped down on the news out of the UK, went lower after that, then recovered a bit but never filled the gaps on 5.1 billion NASDAQ shares.
Net ticks: +18 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 long at A and worked, triggered short at B but too far out of range to take:
NQ Opening Range Play triggered long at A and short at B but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: