The markets gapped down, pushed lower initially, flattened out for 40 minutes, then turned up to fill the gaps on light volume of 1.7 billion NASDAQ shares (light for an options expiration Friday).
Net ticks: +25.5 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, the long triggered too late:
NQ Opening Range Play triggered short at A and worked, triggered long at B and worked great:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
