The markets opened with a tiny gap up and pushed higher, then came back to even for the day on a weak 1.5 billion NASDAQ shares. Opening range plays worked and another call on the NQ didn’t.

Net ticks: +3.5 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 enough for a partial:

NQ Opening Range Play triggered long at A and worked enough for a partial:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play:

NQ:

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.

Even though this triggered right as I was calling it, we will count it. Triggered short at A at 4439.50 and stopped:

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