The markets gapped down, the ES filled, the NASDAQ was weaker, and then we rolled hard midday and tried to come back on 2.7 billion NASDAQ shares.
Net ticks: -8.5 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 unfortunately barely stopped:
NQ Opening Range Play triggered short at A but too far out of range to take, triggered long at B and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
