The markets gapped up, pushed up for 30, rolled, filled the gap, and then inched up to the opening level for the close on 2.4 billion NASDAQ shares.
Net ticks: +11.5 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 but we don’t take by rule because we were short NQ and this was away from the gap, triggered short at B and worked:
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: