Pretty much as expected for contract roll. The markets were choppy and horrible and flat early. NASDAQ volume was only 1.4 billion shares at the close. The ES stuck in a horrible range for the first hour. No calls as expected, see below for results on the Opening Range plays. Tomorrow we trade the U6 contract, so the charts below will show the U6 contract with Levels, although the volume was still in the M6 more Thursday.
Net ticks: 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 stopped, triggered long at B and stopped:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
