Tradesight Recap Report for 3/19/21
Overview
The markets gapped down and sent a bit lower but they recovered and closed right where they opened, which is the usual for triple expiration on 7.6 billion NASDAQ shares, which, the extra volume is just expiration volume.
ES with Levels:
ES with Market Directional:
Futures:
ES Opening Range Play triggered short at A and worked enough for a partial:
NQ…
Tradesight Recap Report for 3/18/21
Overview
The markets gapped down, went flat for two hours, tried to rally heading into lunch, topped out, then sold off a bit in the afternoon on 5.6 billion NASDAQ shares.
ES with Levels:
ES with Market Directional:
Futures:
ES Opening Range Play triggered long at A and worked enough for a partial, triggered short at B and worked enough for a partial:
NQ Opening…
Tradesight Recap Report for 3/17/21
Overview
The markets gapped down and sat all day until the Fed announcement, and then everything popped up to fill the gaps and more, with the S&P closing around even after all of that. Was that options unraveling? No way to know. NASDAQ volume was 5 billion shares at the close, so down a bit.
ES with Levels:
ES with Market Directional:
Futures:
ES Opening Range Play…
Tradesight Recap Report for 3/16/21
Overview
The markets gapped down and didn't do much all day on 5.1 billion NASDAQ shares as we wait for the Fed announcement on Wednesday.
ES with Levels:
ES with Market Directional:
Futures:
ES Opening Range Play triggered long at A and worked:
NQ Opening Range Play triggered long at A but too far out of range to take:
Results: +6 ticks
Forex:
GBPUSD…
Tradesight Recap Report for 3/15/21
Overview
The markets opened flat, went lower, came back, and rallied in the afternoon on 5.9 billion NASDAQ shares.
ES with Levels:
ES with Market Directional:
Futures:
ES Opening Range Play triggered short at A and worked enough for a partial, triggered long at B and stopped under the midpoint:
NQ Opening Range Play:
Results: -4 ticks
Forex:
GBPUSD,…
Tradesight Recap Report for 3/12/21
Overview
For the second half of quarterly contract roll, the markets gapped down, went lower, came back, and closed about where they opened, which is normal for the wasted quarterly Friday on 5.4 billion NASDAQ shares.
ES June contract with March contract levels:
ES with market directional:
Futures:
ES Opening Range Play triggered short at A and worked enough for a partial,…
Tradesight Recap Report for 3/11/21
Overview
The markets gapped up and went higher, flattened out over lunch, and then just drifted back down in the afternoon on 4.6 billion NASDAQ shares.
ES with Levels:
ES with Market Directional:
Futures:
ES Opening Range Play triggered long at A but too far out of range to take, triggered short at B and worked enough for a partial:
NQ Opening Range Play:…
Tradesight Recap Report for 3/10/21
Overview
The markets gapped up, pulled back a bit, and then it was not a great day on 6 billion NASDAQ shares.
ES with Levels:
ES with market directional, a very flat day:
Futures:
ES Opening Range Play triggered long at A and stopped under the midpoint:
NQ Opening Range Play triggered short at A but too far out of range to take:
We called NQ short under A…
Tradesight Recap Report for 3/9/21
Overview
Markets gapped up HUGE, erasing most of the prior day's losses, and recovered even more on 6.6 billion NASDAQ shares by the close.
ES with Levels:
ES with Market Directional:
Futures:
ES Opening Range Play triggered short at A and stopped over the midpoint, triggered long at B but too far out of range to take:
NQ Opening Range Play triggered long at A but…
Tradesight Recap Report for 3/8/21
Overview
The markets kind of opened flat, filled gaps early, the ES went higher and the NQs lower, and then we sold off late in the day on 6 billion NASDAQ shares.
ES with Levels:
NQ with Levels (very different look):
ES with Market Directional:
Futures:
ES Opening Range Play triggered short at A and you should have taken it, but under the precise rules we won't…