The market gapped up and barely touched any levels today. See the Opening Range plays and ES below for some obvious setups. NASDAQ volume closed at 1.6 billion shares, a small uptick from what we have been seeing.
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 triggered long at A and worked enough for a partial:
NQ Opening Range Play triggered short at A and stopped:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Nice setup over lunch, set the R2 level at A and triggered at B:
