The markets gapped up as voting began on Brexit, but everything in the morning after that was flat as could be. NASDAQ volume closed at 1.6 billion shares.

Net ticks: -1 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 enough for a partial:

NQ Opening Range Play triggered long at A and I ended up closing 1 tick in the money after the market was flat for too long:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play:


Just a reminder that we use half points for ticks on the NQ and not the quarter point measurement that the exchanges switched to in recent years. This allows us to use 6 ticks as a key target as we do on the other contracts. It also keeps the value of a tick at $10, closer to the value of a tick on the other contracts.

My call triggered short at A at 4413.50 and stopped. I did not re-enter:

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