The markets gapped down and ultimately pushed lower early (after a brief move up) and then spent most of the day very flat on only 1.4 billion NASDAQ shares.
Net ticks: +22 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 enough for a partial, triggered short at B and worked enough for a partial:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: