The markets gapped down and made their way back up on 1.9 billion NASDAQ shares even though the volume looked good early.
Net ticks: +17 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:
NQ Opening Range Play triggered long at A and worked but too far out of range to take under the rules:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: