The markets opened flat to lower, barely drifted down, and then wiggled twice on news and press conferences before pushing up in the last hour on 4.7 billion NASDAQ shares.
Net ticks: +7.5 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 long at A and worked, triggered short at B but too far out of range to take:
NQ Opening Range Play triggered long and short, but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
