Another day, and back to some really nice Opening Range Plays after a one day pause. See that section below. The markets gapped down and pushed sharply lower for 20 minutes, then came back to even and flatlined for the rest of the session. NASDAQ volume was 1.75 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 short at A and worked great:
NQ Opening Range Play triggered short at A and worked great:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: