The markets gapped down and basically hung around all day, as could be expected for end of month statement printing. NASDAQ volume was 4.2 billion shares.
Net ticks: +3 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 but just too far out of range by a little to take, wouldn’t blame you if you took it anyway since it was so close:
NQ Opening Range Play triggered short at A but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
My call triggered long at A at 2913.25, hit first target for 8 ticks, and stopped the second half under 1913.00:
