The markets gapped down and pushed a little lower, then the ES tried to reach up and fill the gap but couldn’t, and the range for the day was basically set within 90 minutes as the rest of the session was a waste of time and the last few hours were stuck on the VWAPs for both the ES and NQs on 1.65 billion NASDAQ shares. Winners in the Opening Range plays, but a separate loser on the ES, and then I didn’t see the point in making more calls. See those sections below.
Net ticks: +8 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 short at A and worked, took a while:
NQ Opening Range Play triggered short at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
My call triggered long at A at 2181.50 and just missed first target by a tick, then stopped for 7 ticks: