The markets gapped up, filled, turned up, held for a bit, then sold off until lunch. The rest of the day (again) was just a drift back higher to the midpoint or a little more. NASDAQ volume was only 1.8 billion shares.
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 short at A and stopped, triggered long at B and worked:
NQ Opening Range Play triggered short at A way too far out of range to take, triggered long at B and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
