The markets gapped up and went higher as FANG stocks again led the way even though the advance/decline ratio was negative. Volume was a weak 3.4 billion NASDAQ shares.
Net ticks: +10 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:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
