We had one loser and two winners on the Opening Range plays. The markets gapped down and stuck in a narrow range of about 1/3 of average all day. We had a nice setup called in the NQ that never triggered. NASDAQ volume was 1.5 billion shares. See the Opening Range section below.
Net ticks: +2 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 stopped, triggered short at B and worked:
NQ Opening Range Play triggered short at A and worked, long trigger wasn’t until over 30 minutes in and volume was light:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES, note the Comber 13 buy signal was perfect:
