The markets gapped up and gave us a day where the NQs NEVER LEFT THE Institutional Range. Don’t know the last time I saw that. NASDAQ volume was 2.1 billion shares.
Net ticks: -4 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 triggered short at A and stopped over the midpoint, triggered long at B but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
