Markets gapped up on the AAPL earnings and were pretty flat early. The ES pulled back to fill the gap and everything waited for the Fed except AAPL, which pushed higher. In the end, the broad market closed dead flat but the NASDAQ was up on AAPL on 2 billion NASDAQ shares. Mixed results on the OR plays although I took more size on the shorts.

Net ticks: -2.5 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 I closed it for a 5 tick loss, triggered short at B and worked:

NQ Opening Range Play triggered long at A and stopped, triggered short at B and worked:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play:


ES:

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