The markets gapped up on the Unemployment data and went a little higher, then went flat for 5 hours on 6.6 billion NASDAQ shares.
Net ticks: -16 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 worked enough for a partial:
NQ Opening Range Play triggered short at A and stopped over the midpoint, triggered long at B but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
