The markets gapped up and kept going, closing the month and week on an unusual (for month end) gap and go session on 2.3 billion NASDAQ shares. Opening Range plays worked great, and you could have taken the ES long over R2 as well for a clean play.
Net ticks: +26 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:
