The broad market opened flat but the NASDAQ gapped down on the GOOG and MSFT earnings. We closed just above where we opened on 1.8 billion NASDAQ shares. Opening Range plays worked again.
Net ticks: +18 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:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
