The markets gapped up, filled, popped back up on the surprise rate announcement, and then sold off the rest of the day on 4 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, out of range:
NQ Opening Range Play, out of range:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: