A little more action finally. The markets gapped down and the early stuff was slow (Opening Range Plays worked a bit). We finally surged back up over lunch and set the LPT on the ES from below and took that trade for a small winner. The gaps filled. NASDAQ volume was 1.7 billion shares.
Net ticks: +13.5 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 short at A and worked:
NQ Opening Range Play triggered short at A and worked and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
Triggered long at A at 1904.75, hit first target for 6 ticks, stopped second half under the entry: