The markets gapped mixed (ES up, NQ down) and didn’t do much all day again (we were still in the opening 5 minute candle after lunch), then drifted higher on 3.4 billion NASDAQ shares.
Net ticks: +4 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 enough for a partial:
NQ Opening Range Play triggered short at A and long at B but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
