One trade call that was set up nice but didn’t work. The markets gapped down and kept going on a volume warning. NASDAQ volume closed at 1.7 billion.

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 short at A and worked:

ES Tradesight Institutional Range Play triggered short at A and worked:

NQ Tradesight Institutional Range Play triggered short at A and worked:

ES:

Mark’s call triggered short at 2052.00 and stopped. He did not re-enter: