Tradesight Recap Report for 8/2/22

Overview

The markets gapped down, went lower, then rallied to fill the gap, went higher, and then sold off on the lows in a narrow range on 4.8 billion NASDAQ shares.

ES with Levels:

ES with Market Directional:

Futures:

ES Opening Range Play triggered short at A and worked enough for a partial:

NQ Opening Range Play:

Results: +4 ticks

Forex:

GBPUSD triggered short at A, hit first target at B, still holding second half with a stop over the entry:

Results: trade not complete

Stocks:

Another dull but green day.

From the Tradesight Plus Report, no calls.

From the Tradesight Plus Twitter feed, Rich’s CDNS triggered short (with market support) and worked:

That’s 1 trigger with market support, and it worked.