The markets opened fairly flat and filled any gap early, tried both ways, ultimately went lower, and then the broad market came back to also even while the NASDAQ was off over 100 points on AMZN and GOOG with NASDAQ volume of 2.5 billion shares.
Net ticks: +7 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 long at A and stopped under the midpoint, triggered short at B and worked enough for a partial:
NQ Opening Range Play triggered short at A and worked great::
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
