The markets opened flat to higher, NASDAQ held up dead flat, the broad market declined, and then we popped on the Fed announcement and came back to close at the lows of the day on 5.1 billion NASDAQ shares.
Net ticks: +6 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:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
