The markets gapped down small, filled the gaps, and went flat for 6 hours on 4.7 billion NASDAQ shares before popping for the close.
Net ticks: -26 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 stopped over the midpoint, triggered long at B and stopped under the midpoint:
NQ Opening Range Play did not trigger within the risk parameters:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: