The markets gapped down and went lower on 2.1 billion NASDAQ shares.
Net ticks: +4 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, triggered short at B and worked but too much risk to take under the rules:
NQ Opening Range Play triggered long at A and worked but too much risk to take under the rules, triggered short at B and worked but too much risk to take under the rules:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: