The markets opened with a small gap down, filled, then rolled lower on 3.2 billion NASDAQ shares.
Net ticks: +0 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 would have worked, but just a little too far out of range under the rules to take, triggered short at B but definitely too far out of range:
NQ Opening Range Play triggered long at A,and triggered short at B but definitely too far out of range:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: