The markets gapped down, headed lower, started to look interesting, and then that was the range of the day. We recovered to the highs and open but then sold off on news and closed at the lows on 1.9 billion NASDAQ shares.
Net ticks: +7 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:
NQ Opening Range Play triggered long at A and worked but too far out of range to take, triggered short at B and worked but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
