The markets gapped up big, split early, came back a bit, and then tried the highs but most of the day was net flat on 1.9 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 short at A and worked:
NQ Opening Range Play triggered long at A but we don’t take by rule because we were short ES and this wasn’t into the gap, triggered short at B and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: