The markets gapped down a little and went lower, but finally came back up over lunch to fill the gap and that was about it for the session on 1.5 billion NASDAQ shares. We closed right where we opened. It’s a measuring day after the gaps and swings of the last three. Opening range plays worked net and that’s about it. No levels touched on the ES for a main call.
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 Play triggered long at A and didn’t work. Triggered short at B and did:
NQ Opening Range Play triggered long at A and worked enough for a partial. Triggered short at B and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
