The markets gapped down a little and were dead flat on light volume for the first hour, then drifted up to fill the gap ahead of lunch, topped out exactly on a Comber 13 sell signal over lunch, and then came back to the VWAP on 1.6 billion NASDAQ shares.
Net ticks: -18 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 hit a partial, triggered long at B 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:
My call triggered short at A at 2137.00, hit first target for 6 ticks, and stopped second half over 2133.00: