Markets gapped up and went dead flat, which is normal for options expiration, 2.5 billion NASDAQ shares. Waste of a day.
Net ticks: -18 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, although we closed it sooner than the rules in the Lab:
NQ Opening Range Play triggered short at A and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
