The markets gapped up and held, eventually drifting higher. The high of the day on the ES was a Comber 13 sell signal (see ES chart below) and we closed on 1.25 billion NASDAQ shares. Opening Range Plays worked great.
Net ticks: +0 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 great:
NQ Opening Range Play triggered long at A and worked great:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: