The markets gapped up, filled, and the ES was dead all day while the NASDAQ managed to go higher on TSLA, AMZN, and GOOGL on 2.2 billion NASDAQ shares.
Net ticks: +11 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 short at A and worked:
NQ Opening Range Play triggered short at A and long at B but both way too much risk to take under our rules:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: