The markets gapped down, filled the gaps, and closed just about even on 2.1 billion NASDAQ shares. Opening Range Plays work, and the ES Value Area was perfect.
Net ticks: +45.5 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 long at A and worked:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Triggered long at A and crossed the Value Area to B:
