Tradesight Recap Report for 2/22/21
Overview
The markets gapped down, tried to rally for 30, then went lower. The NASDAQ was weaker than the broad market, and we closed near lows on 6.5 billion NASDAQ shares.
ES with Levels:
ES with Market Directional:
Futures:
ES Opening Range Play triggered short at A and stopped over the midpoint, triggered long at B and worked enough for a partial:
NQ Opening Range…
Tradesight Recap Report for 2/19/21
Overview
Straight out of Module 10 from the course, a dead session for options expiration. NASDAQ volume was 6.7 billion shares. We gapped up small and stayed flat through most of the session. We were dead even until the last 15 minutes.
Here's the ES with Levels:
ES with Market Directional:
Futures:
ES Opening Range Play triggered short at A and worked enough for a…
Tradesight Recap Report for 2/18/21
Overview
The markets gapped down, went lower, and eventually climbed up to almost fill the gap on 6.5 billion NASDAQ shares. Here's the ES with Levels:
And with market directional:
Futures:
ES Opening Range Play triggered long at A and worked enough for a partial, triggered short at B and stopped over the midpoint:
NQ Opening Range Play triggered long at A and short at B, both…
Tradesight Recap Report for 2/17/21
Overview
The markets gapped down and didn't do much early, probably more negative than positive, but then things came back and the S&P closed -1 on 7.2 billion NASDAQ shares.
ES with Levels:
ES with Market Direction:
Futures:
ES Opening Range Play triggered long at A and worked, triggered short at B and worked:
NQ Opening Range Play:
Results: +26 ticks…
Tradesight Recap Report for 2/16/21
Overview
The markets gapped up, didn't do anything for over an hour, finally pulled down to fill the gap and a little more, but then came back up to even for the last 4 hours and closed with the S&P down 2 on 7.7 billion NASDAQ shares.
Futures:
ES Opening Range Play triggered short at A and worked enough for a partial:
NQ Opening Range Play triggered short at A but too far…
Tradesight Recap Report for 2/12/21
Overview
The markets gapped down, filled, and spent most of the day dead flat until a rally with 30 minutes left. NASDAQ volume was 7.4 billion shares.
ES with Levels:
Note how the ES Institutional Range was such precise support at A and B:
Futures:
ES Opening Range Play triggered long at A which was just enough to keep the stop under the midpoint instead of the ORL, so we…
Tradesight Recap Report for 2/11/21
Overview:
The markets gapped up a little, filled in about an hour, and then dipped over lunch before coming back for end of day at S&P plus 6 on 10 billion NASDAQ shares.
Futures:
ES Opening Range Player triggered long at A and stopped, triggered short at B but too far out of range to take:
NQ Opening Range Play triggered short at A but too far out of range to take:……
Tradesight Recap Report for 2/10/21
Overview
The markets gapped up, drifted a little lower for an hour, plunged out of the blue without warning, and then made their way back up to even like nothing happened on 10.7 billion NASDAQ shares, the second highest NASDAQ volume day ever. Here's the ES with levels:
Futures:
ES Opening Range Play triggered short at A and worked enough for a partial:
NQ Opening Range Play…
Tradesight Recap Report for 2/9/21
Overview
The markets gapped down and took most of the day to fill and then that was it. We literally closed S&P down 4 and NDX down 7 even though we traded 8.7 billion NASDAQ shares. Waste of time.
Futures:
Not much to focus on here after a day that did nothing.
ES with Levels:
NQ with Levels:
ES Opening Range Play triggered short at A but stopped over the midpoint,…
Tradesight Recap Report for 2/8/21
Overview
The markets gapped up and basically sat flat all day on 8.5 billion NASDAQ shares, which is a lot of volume to go nowhere until the last ten minutes.
Here's the ES with Levels, note how the UBreak/UPT were the low:
Here's the NQ with Levels, which did just fill the gap:
Futures:
ES Opening Range Play triggered long at A and worked enough for a partial:
NQ…