The markets gapped up and took forever to fill. We closed the day on the VWAP in a 7 point or so ES range. The Opening Range plays worked, although it took 30 minutes for the ES to trigger. NASDAQ volume closed at 1.45 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 triggered long at A and worked enough for a partial:
NQ Opening Range Play triggered short at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: