An interesting end to the week heading into the long weekend as the markets opened flat and shot up for an hour or so and that was about it. We closed at the VWAP on 1.6 billion NASDAQ shares. Nice Opening Range plays, see that section below.
Net ticks: +19 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 worked:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: