The markets gapped up and sold off, then recovered. The NASDAQ closed green based on a few stocks but everything else was red on 3.9 billion NASDAQ shares.
Net ticks: +23.5 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 too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
My call triggered short at A at 3155.00, hit first target for 8 ticks, stopped second half over entry:
