The markets gapped down and didn’t do much on 1.8 billion NASDAQ shares. We had Opening Range play winners again, plus another ES call that worked a little. Notice how the midpoint was the opening level most of the session on the ES.
Net ticks: +2.5 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:
NQ Opening Range Play triggered short at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES triggered long at A at 2065.75, hit first target for 6 ticks, and stopped second half under entry: