The markets gapped down and sat still for a long time before eventually pushing a little lower and then recovering. We basically filled the gap over lunch and closed on 1.2 billion NASDAQ shares. Opening Range Plays worked again.
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 short at A and worked eventually:
NQ Opening Range Play triggered short at A and worked eventually:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
