The markets opened fairly flat, were a little mixed early (NASDAQ side was stronger), dipped right ahead of lunch, and then spent the afternoon dead flat on 1.7 billion NASDAQ shares.
Net ticks: +7.5 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, missed first target under the rules by a tick, stopped over ORL based on my live note in the feed, triggered long at B, closed a point in the money as the markets seemed dead:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: