The markets gapped up and drifted higher on 2 billion NASDAQ shares, putting the markets back where they closed out last week after the Monday and Tuesday drops.
Net ticks: -0.5 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 long at A and worked:
NQ Opening Range Play triggered short at A and stopped over the midpoint, triggered long at B and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: