The markets gapped down and spent most of the day just trying to drift higher, then got a 13 sell signal (ES) late in the day and sold off from there on 3.9 billion NASDAQ 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 too wide to take again:
NQ Opening Range Play too wide to take again:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Big winner on the Comber 13 sell signal at the top late in the day: