The markets gapped up and didn’t do much most of the session. We were still sitting at the opening level coming out of lunch and then rallied a bit in the last 45 minutes on 3.7 billion NASDAQ shares.
Net ticks: +0 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 Ranges:
ES Opening Range Play triggered short at A but too far out of range to take:
NQ Opening Range Play triggered short at A but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: