The markets gapped down big again, tried to come back, never filled the gaps, and then rolled again to test the lows before bouncing back to the VWAP on 2.1 billion NASDAQ shares. The NASDAQ side was very flat and stuck in the opening 5 minute range for a huge piece of the day.

Net ticks: +17.5 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, triggered long at B and stopped under the midpoint:

NQ Opening Range Play triggered short at A and worked great:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play: