The markets gapped down hard, bounced a little, pushed to lows over lunch, tried to come back, and then rolled near the lows for the close on 3.1 billion NASDAQ shares.
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 but too far out of range to take:
NQ Opening Range Play triggered long at A and worked but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: