The markets gapped down a little and went lower until lunch and that was it for an August Friday. Closed at the VWAP on 2.2 billion NASDAQ shares.
Net ticks: +29 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, triggered short at B and worked:
NQ Opening Range Play triggered long at A and worked but too far out of range to take, triggered short at B and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: