The markets gapped up, filled, and went flat. The interesting part is that the day was basically inside of the prior day’s range. NASDAQ volume was 2.1 billion shares.
Net ticks: +8 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 and worked but might have been too far out of range to take under the rules so we won’t count it:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
