Mixed bag on the Opening Range plays with a loser and a winner. See that section below. We got a “gap and go” session as the markets gapped up and never looked back. The last fours hours were dead flat though. NASDAQ volume was 1.6 billion shares.
Net ticks: +0 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, I didn’t take the trigger here (even though it worked) because the 1 minute candle closed several points outside the OR:
NQ Opening Range Play triggered short at A and stopped, triggered long at B and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
