The markets gapped up small and filled and most of the rest of the day was a joke except a quick dip over lunch on 1.8 billion NASDAQ shares.
Net ticks: -6 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, finally closed it out after the first hour when it didn’t hit a partial or the stop, which is extremely unusual:
NQ Opening Range Play triggered short at A and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: