The markets gapped up, sold off, but most of the day was stuck in the Value Area until the last hour or two when we drifted higher on 3.5 billion NASDAQ shares.

Net ticks: -18 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, which was too far out of range to take, triggered long at B and didn’t work:

NQ Opening Range Play triggered short at A but too far out of range to take:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play:

ES: