The markets gapped up a little again and made about a 15 minute push, which was most of the range for the day on the NASDAQ, although the broad market inched up in the last hour on 1.8 billion NASDAQ shares. Futures are now officially rolled to the March 2017 contract, so that is out of the way. Nice winners again on the Opening Range plays.
Net ticks: +16.5 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:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: