The markets gapped down a little, filled, went lower, and then just drifted all day until a late push up. NASDAQ volume was 4.3 billion shares.
Net ticks: +37 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 but too far out of range to take, triggered short at B and worked enough for a partial:
NQ Opening Range Play triggered long at A but too far out of range to take, triggered short at B and was actually good for the first time in a while, worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: