Big day for futures. The markets gapped down and shot back up quite a bit (to the ES 2062.50 level, surprise). We had stellar Opening Range plays, and then things came back to the mean over lunch and tried to dip lower in the afternoon but failed on 3.5 billion NASDAQ shares.
Net ticks: +83.5 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 huge:
NQ Opening Range Play triggered long at A and worked huge:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: