The markets gapped up and surged early and that was most of the move. Everything went flat for the last four hours as the 2-day Fed meeting started. NASDAQ volume was 1.8 billion shares. We had some huge Opening Range play moves.
Net ticks: +44 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 great:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
