The markets gapped down and headed lower on 7.3 billion shares. The volume was about the Russell 2000 rebalance at the close.

Net ticks: -20 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:

NQ Opening Range Play triggered short but too far out of range to take:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play:

ES:

  INTRADAY ES