The markets gapped mixed, headed lower into negative territory, bottomed out ahead of lunch, and then closed at the highs on 4.5 billion NASDAQ shares.
Net ticks: +13.5 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 and worked:
NQ Opening Range Play triggered short but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: