The markets gapped up and gave us an Opening Range play that led into the gap and into the Value Area…dream plays that worked big on both the ES and NQ. See that section below. We sold off sharply, bounced to the VWAP going into lunch, and then hung near the lows for the close on 2.0 billion NASDAQ shares.
Net ticks: +43 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 and NQ Opening and Institutional Range Plays ES Opening Range Play triggered short at A and worked great: NQ Opening Range Play triggered short at A and worked great: ES Tradesight Institutional Range Play: NQ Tradesight Institutional Range Play:
ES: |