The markets opened flat, tried to go up, stuck in a narrow range (again) and then sold off sharply after the minutes of the last Fed meeting were released on 3.4 billion NASDAQ shares.

Net ticks: -23 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 stopped eventually:

NQ Opening Range Play both triggers were too far out of range to take:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play: