The markets gapped down and went lower, although most of the action was in the first 30 minutes as people are still recovering from the long weekend. Wednesday should pick up. We had awesome Opening Range plays to start the week. See that section below. NASDAQ volume closed at only 1.45 billion shares.
Net ticks: +30 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 great:
NQ Opening Range Play triggered short at A and worked great:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
