A big gap up in the markets and some boring action heading up in the early session led to not much that interested me from a trade call perspective. However, our Opening Range plays on the ES and NQ triggered again and worked great, so not much else is needed. The markets eventually headed back down into the gaps but didn’t fill them on 1.8 billion NASDAQ shares.
Net ticks: +0 ticks on main calls, big gains on Opening Range Plays.
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:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
