Markets gapped up and bounced around early, then headed lower. ES gap fill, but NQ was too big with the AAPL gap. We waited for the Fed and then spiked around on 1.9 billion NASDAQ shares.
Net ticks: +11.5 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 enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: