The markets opened
fairly flat and tried both ways several times but the ES spent the day
in the Value Area and closed nearly flat on 2.4 billion NASDAQ shares.
Net ticks: -42 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 stopped:
NQ Opening Range Play triggered short at A and stopped over the midpoint, triggered long at B and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
