The markets gapped down and shot up to fill and more, giving us nice Opening Range plays. Volume was horrible from the start, and my regular trade call didn’t trigger. We closed just up a couple of points for the session on 1.5 billion NASDAQ shares.
Net ticks: +23.5 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 long at A and worked great:
NQ Opening Range Play triggered long at A and worked great:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: