The markets gapped down, came back up to fill, then went dead for hours before running in the last 15 minutes on a weak 1.8 billion NASDAQ shares.
Net ticks: +26 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:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
My call triggered long at A at 2973.75, hit first target for 6 ticks, raised the stop twice and stopped 9 ticks in the money on the second half: