After being all over the board overnight, especially a spike up on the Fed announcement of their unlimited purchasing, the markets opened closer to flat, tried both ways, and closed lower on 4.3 billion NASDAQ shares.
Net ticks: +0 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 again triggered too far out of range to take:
NQ Opening Range Play again triggered too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
