The markets gapped up, pulled back (ES never filled) flatted out until the end of lunch, then popped up on news out of China and that was it on only 1.8 billion NASDAQ shares.
Net ticks: +22.5 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: