The markets gapped up small, did nothing for the first hour, dipped to fill the gap, and closed where it opened on 1.8 billion NASDAQ shares.
Net ticks: -48 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 stopped:
NQ Opening Range Play triggered short at A and stopped, triggered long at B and stopped:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: