The markets gapped down and kept going, with most of the action in the first 45 minutes or so. NASDAQ volume closed at 1.5 billion shares. The Opening Range plays worked, although the ES trigger was too far outside of the OR to work, so I only did the NQ. See that section below. No official calls triggered.
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 short at A and worked, but it was too extended for me to take:
NQ Opening Range Play triggered short at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: