The markets gapped up a little and were bifurcated immediately, with the NASDAQ holding more negative (and eventually tanking 100 points) while the broad market was a little stronger (although the S&P only closed up 4). The interesting thing is that we closed both sides near the VWAPs. NASDAQ volume is 2.7 billion shares.

Net ticks: +25 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, but we wouldn’t take that because we were short NQ and this was not into the gap, triggered short at B and worked:

NQ Opening Range Play triggered short at A and worked enough for a partial, triggered long at B and worked enough for a partial:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play:


My call triggered short at A at 2166.25 and stopped. I put it back in, hit first target, closed out another 1/4 of the trade for 43 ticks, and stopped out of the final piece over the entry:

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