Mixed results from several trades as the opening action after a gap down was choppy again and then we eventually headed up late in the day to fill the gap on 2 billion NASDAQ shares.
Net ticks: -14 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 stopped, triggered short at B and stopped:
NQ Opening Range Play triggered long at A and stopped, triggered short but too far outside the OR to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
My call triggered long at A and stopped, triggered again at B and hit first target for 6 ticks, closed second half for 16 ticks for end of session: