The markets gapped up
and were boring early, pulled back a bit, then heading up on news and
flattened out over lunch, which would have been the expected action for
options expiration on 2.4 billion NASDAQ shares.
Net ticks: +6 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 and worked, but triggered
too far out of the OR to take under the rules so we don’t count it:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
