The markets gapped up a little, went higher initially, got a Comber 13 sell signal at the top on the ES, then filled the gap over lunch and closed near lows but barely green on 1.6 billion NASDAQ shares. We had a bad volume number early, so after the Opening Range plays both worked, we made no extra calls. See that section below.
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 worked:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: