The markets gapped up, pulled back briefly, and then went flat until after lunch and drifted higher on 4 billion NASDAQ shares.
Net ticks: +4 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 short at B, both too far out of range to take:
NQ Opening Range Play triggered short at A, but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Triggered short at A at 3035.50, hit first target for 8 ticks, stopped second half over the entry: