The markets were mixed early with a gap up in the S&P and down on the NASDAQ. They went up briefly and that was the high, then dipped, then stuck in a range most of the day and then fell apart late on 4.2 billion NASDAQ shares.

Net ticks: -9 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 and long at B and stopped:

NQ Opening Range Play triggered short at A and long at B, both too far out of range to take:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play:


The 13 sell signal at the high worked perfect: