The markets gapped mixed (ES up, NQ down), both filled, and then we headed lower, bottoming out over lunch, and then drifting back up on 2.8 billion NASDAQ shares.
Net ticks: +9 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, triggered short at B and worked:
NQ Opening Range Play triggered long at A and short at B, but both were too much risk to take under the rules:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: