The markets gapped up and kept going on 1.7 billion shares, giving us options unravel and the better trading session of the week. Our main call didn’t trigger, but it didn’t matter because the ES and NQ Opening Range plays led to huge winners, including 30 handles for me on the final NQ piece.
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 triggered long at A and worked great:
NQ Opening Range Play triggered long at A and worked great:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: