We triggered both ways on the Opening Range plays, so a loser and then a winner, but the winners were nice. Another call for the afternoon didn’t set up, but there was a better trigger on the ES with a cup and handle lined up against the LPT. After gapping down, the markets recovered some late on 1.7 billion NASDAQ shares.

Net ticks: +0 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 didn’t work, triggered short at B and did work great:

NQ Opening Range Play triggered long at A and didn’t work, triggered short at B and did work great:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play:

ES:

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