Another big gap up in the markets that didn’t fill and took us away from most of the key levels for the session. Mixed results on the Opening Range Plays. The afternoon was dead flat, and the high of the session was a Comber 13 sell signal on the 5 minute chart. NASDAQ volume improved to 2.1 billion shares.
Net ticks: -9 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 a little:
NQ Opening Range Play triggered long at A and didn’t work, triggered short at B and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: