Markets opened flat and closed down a little on not much action with the hurricane hitting the coast of Florida. NASDAQ volume was 1.5 billion at the close but stayed light all day. Monday is Columbus Day, so most banks are closed but the stock market is open and should be dead.
Net ticks: +8 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 enough for a partial:
NQ Opening Range Play triggered long at A and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: