The markets gapped up a couple of point, filled the gaps, drifted for the first hour or more, and then started inching up into lunch. They popped up a couple of points on some news after lunch for 5 minutes and then flatlined on 2 billion NASDAQ shares.
Net ticks: -21 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 worked enough for a partial:
NQ Opening Range Play triggered short at A and stopped over the midpoint, triggered long at B and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
