The markets gapped down big, went lower, then recovered and literally closed with the S&P up 2 on 2.4 billion NASDAQ shares.
Net ticks: +0 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 Plays triggered short at A and long at B and even though the triggers were 1 tick outside the OR and they worked if you took them, the risk was too high to count officially:
NQ Opening Range Play triggered short at A and way too much risk, same with the long at B:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Great Value Area Play: