The markets gapped down and pushed a little lower out of the gate, giving us nice opening range plays. We then went flat for hours until the last three minutes of the day, where we pushed a little lower on 1.1 billion NASDAQ shares. No need for trades outside of the Opening Range plays in this volume.
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 short at A and worked:
NQ Opening Range Play triggered short at A and worked great:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: