The markets gapped up and kept going. The Opening Range plays worked. The markets closed in the top half of the day’s range almost exactly at the ES 2062.50 level on 1.5 billion NASDAQ shares. See the Opening Range plays below.
Net ticks: +22 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:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: