The markets gapped down and rallied all morning, then stalled out over lunch as March Madness tips off. NASDAQ volume was 2.4 billion shares.

Net ticks: +39 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 long at A and would have worked but triggered too far out of range to take:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play:


My call triggered long at A at 2838.75 and stopped immediately, so we put it back in and triggered 10 minutes later at B, hit first target for 6 ticks, and raised the stop a couple of times and stopped 48 ticks in the money: