The markets gapped up on news that the tariffs against China would be delayed and literally put in one of the most boring, flat days we have seen in a while. NASDAQ volume was 2.2 billion shares.
Net ticks: -20 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 stopped, triggered short at B and stopped:
NQ Opening Range Play triggered long at A and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: