The markets gapped down, went lower, crawled back up to highs (but never filled the gaps), and then rolled and sold off hard in the last 30 minutes on 4.5 billion NASDAQ shares. The big winner was a Comber trade on the ES.
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 short at B, but both were too far out of range to take under our risk rules:
NQ Opening Range Play triggered long at A and short at B, but both were too far out of range to take under our risk rules:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
The big play of the day was the Comber buy signal off of S3 at the lows of the morning: