The markets gapped up and were extremely flat for over an hour, then finally turned back down a bit before heading up once again. The ES never filled the gap. Opening Range plays worked, and we had one call that stopped once before working a little.
Net ticks: -4.5 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:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Triggered short at A at 2023.75 and stopped. We put it back in and it triggered again, hit the first target for 6 ticks, and stopped second half over the entry: