The markets opened flat, didn’t do much for an hour, and then rallied for the rest of the day very slowly on just 3.7 billion NASDAQ shares.
Net ticks: -15 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 worked enough for a partial:
NQ Opening Range Play triggers were too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: