The markets gapped down and went lower, but then the NYSE had issues and closed for a lot of the day. We basically stayed in the Value Areas. NASDAQ volume was 1.6 billion shares. We had an ES winner, see that section below.
Net ticks: +2.5 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 long at A and worked enough for a partial, triggered short at B and worked:
NQ Opening Range Play triggered long at A and didn’t work, triggered short at B and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Triggered short at A at 2054.25, hit first target for 6 ticks and stopped the second half over the entry:
