The markets gapped down, went lower for a brief moment, flattened out for hours, curled back up a bit to the open over lunch, then rolled in the afternoon before bouncing back in the last 15 minutes on 2.1 billion NASDAQ 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 short at A and worked enough for a partial:
NQ Opening Range Play triggered short at A but too far out of range to take (over 10 points to the midpoint):
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
