We had a massive winning Opening Range Play (see that section below) and also a regular winner on the ES. The markets gapped up and dropped sharply and continued to push lows all day on 2.0 billion NASDAQ shares.
Net ticks: +4 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 huge:
NQ Opening Range Play triggered short at A and worked huge:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Triggered short at A at 2073.75, hit first target for 6 ticks, stopped second half slightly in the money after adjusting the stop: