An interesting session that gapped down, started to head up, then the NASDAQ side went to lows while the broad market held up. Eventually, both sides filled the gap and that was the high (when the NASDAQ did it). We then rolled back over after lunch and closed near lows on 1.9 billion NASDAQ shares.
Net ticks: +19.5 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 long at A and worked:
NQ Opening Range Play triggered long at A and worked, triggered short at B and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: