The markets gapped up and held for an hour on horrible volume, again, but then filled the gaps and picked up speed to the downside and sold off during lunch and closed near the lows on 2.2 billion NASDAQ shares.

Net ticks: +29.5 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:

The markets gapped up and held for an hour on horrible volume, again, but then filled the gaps and picked up speed to the downside and sold off during lunch and closed near the lows on 2.2 billion NASDAQ shares.

Net ticks: +29.5 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:

ES Opening Range Play triggered long at A and worked, triggered short at B and worked: