The markets gapped up, pulled back a little for 30 minutes, and then turned up to the highs, made new highs over lunch, and pushed even higher to a new closing on 1.6 billion NASDAQ shares.
Net ticks: +2.5 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 short at A and worked:
NQ Opening Range Play triggered short at A and worked:
ES Tradesight Institutional Range Play triggered long at A and worked:
NQ Tradesight Institutional Range Play triggered long at A and worked:
ES:
Mark’s call triggered long at A at 2109.50, hit first target for 6 ticks, stopped second half under the entry: