The markets gapped down,
didn’t do much early except drift lower, popped up for a minute, then
rolled into lunch and drifted back to the midpoint the rest of the day
on 2.3 billion NASDAQ shares.
Net ticks: +12 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 enough for a partial, triggered long at B and worked enough for a partial:
NQ Opening Range Play triggered short at A and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: