Another nice run with the Opening Range Plays, plus a winner in the ES as the markets gapped up and headed down quickly to fill. We then rolled lower in the afternoon and came back just a bit for the close on 1.4 billion NASDAQ shares.
Net ticks: +8 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 worked:
NQ Opening Range Play triggered short at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
My call triggered short at A at 2103.75, hit first target for 6 ticks, lowered stop on the second half and stopped 10 ticks in the money: