The markets opened fairly flat and played higher and lower early. They were just heading out to highs after lunch when Trump came out and said that he didn’t want to see another stimulus. The markets tanked hard and closed at lows on 4.3 billion NASDAQ shares.

Net ticks: +16.5 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, triggered long at B and worked:

NQ Opening Range Play triggered short at A and long at B but both were too far out of range to take under the risk rules:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play: