The markets gapped up, didn’t do much in the first hour, then pushed higher, then completely went flat for hours, and then pushed up more after lunch into the close on 1.9 billion NASDAQ shares. We had winners in Opening Range plays and more.
Net ticks: +24 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 worked enough for a partial, triggered long at B and worked enough for a partial:
NQ Opening Range Play triggered short at A and worked enough for a partial, triggered long at B and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
My call triggered long at A at 1949.50, hit first target for 6 ticks, and closed the final at 1952.00:
