Some choppy early action after a gap down with Opening Range plays triggering both ways and then a fairly flat session on 1.7 billion NASDAQ shares.
Net ticks: -31 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 stopped, triggered long at B and stopped:
NQ Opening Range Play triggered short at A and stopped, triggered long at B (the one that was the best setup into the gap) and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: