The markets gapped down, were flat for the first 90 minutes, then went lower on news, then recovered to nothing that matters on 2.1 billion NASDAQ shares.
Net ticks: +36 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 long at A but too much risk under the rules to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: