The markets gapped down, went lower, came back up and filled, but then headed lower on 1.7 billion NASDAQ shares.
Net ticks: +4.5 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 enough for a partial:
NQ Opening Range Play triggered short at A but too far out of range unfortunately to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: