The markets gapped up and sold off most of the day, then recovered to the VWAP midday on 4.3 billion NASDAQ shares.
Net ticks: +181 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 but too far out of range to take, triggered long at B and worked:
NQ Opening Range Play triggered long at A but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Triggered short at A, hit first target at B, closed final piece at 3010.25 at C: