The markets gapped up small and shot higher for 5 minutes, then went dead flat for 25. We eventually started coming back down and got a minor options unraveling move for the session. The gaps filled and we closed on 1.5 billion NASDAQ shares.
Net ticks: +10.5 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:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play triggered short at A and worked:
NQ Tradesight Institutional Range Play triggered short at A and eventually worked:
ES:
Triggered short at A at 2100.00, hit first target for 6 ticks, lowered stop twice and stopped second half 15 ticks in the money:
