Once again, the Opening Range Plays worked, so see that section below. The markets gapped up and never looked back (we were above the Pressure Thresholds). Sadly, the ES never really touched a level and broke until the last 30 minutes, when we had a winner in the ES that I soft called in the Lab since it was so late in the day. NASDAQ volume closed at 1.9 billion shares.
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 worked:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play also worked:
NQ Tradesight Institutional Range Play also worked:
ES:
Note the nice trigger that we traded in the Lab as a soft call because it was so late over R2 at A that went enough for a partial:
