Tradesight Recap Report for 5/5/22

Overview

The markets gapped down and lost way more than the post-Fed rally from the prior day on 5.3 billion shares.

ES with Levels:

ES with Market Directional:

Futures:

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

NQ Opening Range Play:

Results: +4 ticks

Forex:

Closed out the prior day’s trade.

GBPUSD triggered short at A and stopped, triggered again later and worked:

Results: +25 pips

Stocks:

Not much of a day at all.

From the Tradesight Plus Report, no calls.

From the Tradesight Plus Twitter feed, Rich’s SHOP triggered long (with market support) and didn’t work:

That’s 1 trigger with market support, and it didn’t work.