Waiting for the Brexit vote continues. The market gapped up a little and did nothing for the first hour again, then pushed up a little, came back down, and we were sitting flat with an hour left and then slipped a little after lunch on 1.5 billion NASDAQ shares.
Net ticks: -8.5 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 long at A and I closed it for a 4 tick loss after 30 minutes of nothing:
NQ Opening Range Play triggered long at A and didn’t work, triggered short at B and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
