The markets gapped down and went lower early, then banged around mid-range for most of the day and rallied back late, although the Advance/Decline ratios remained awful through the close on 3.8 billion NASDAQ shares.

Net ticks: -17 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 under the midpoint, triggered short at B but too far out of range to take:

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

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play: