The markets gapped down and pushed lower for about 10 minutes, and that was the range for the whole session on 1.4 billion NASDAQ shares. Summer doldrums.
Net ticks: +21 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:
NQ Opening Range Play triggered short at A and worked great:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
TF:
My call triggered short at A at 1231.70, hit first target for 8 ticks, stopped second half over the entry: