The markets gapped up and were completely dead for the first half of the session with some of the small candles we have seen so far. It drifted up a bit after lunch but never got interesting on 2.1 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 short at A and stopped, triggered long at B and worked:
NQ Opening Range Play triggered short at A and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: