The markets gapped up, went higher eventually, then rolled over and closed at the lows without filling the gap (and without the ES even touching a level). NASDAQ volume was 3.7 billion shares.
Net ticks: -12 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 stopped, triggered short at B and worked enough for a partial:
NQ Opening Range Play triggered long at A and short at B, but both were too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
