Some nice opening range plays again and nothing else official. The market gapped down and pushed lower initially, but then recovered to close slightly positive on 1.9 billion NASDAQ shares.
Net ticks: +0 ticks. Both Opening Range Plays worked.
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 short at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
