The markets gapped down pretty big for a Monday. Volume looked solid for the first 30 minutes but then fell apart just as hard in the next 30 for a volume warning. The markets finally rallied back into the gaps heading into lunch and flatlined for the last four hours on 1.6 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 short at A and worked enough for a partial:

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

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play:

ES:

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