The markets gapped up and eventually filled (ES) but the NASDAQ side was dead flat on 2.1 billion NASDAQ shares.
Net ticks: -26 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:
NQ Opening Range Play triggered short at A and stopped, triggered long at B and stopped, probably the worst possible outcome:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: