The markets gapped up a little and spent three hours drifting into the gap fill on what would normally be a horrible triple expiration volume number, but then tanked on news for 10 minutes and that caused the action and low of the day. We bounced off of that and then closed near the low on 3.3 billion NASDAQ shares, which is fine for triple expiration but means nothing.
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 long at A and worked enough for a partial:
NQ Opening Range Play triggered long at A and stopped under the midpoint, triggered short at B and stopped under the midpoint:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
