The markets gapped down on the AAPL and TWTR earnings, pressed a little lower early, then went flat waiting for the Fed. Post-Fed action was pretty tame also, although we did head up a bit. NASDAQ volume closed at 1.7 billion.
Net ticks: +2 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 I posted to use the ORH as the stop today, so 6 ticks based on what was going on in the markets:
NQ Opening Range Play triggered long at A and worked enough for a partial, triggered short at B and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
