The markets opened flat and were mostly mixed early, with the broad market up a bit and the NASDAQ down. This continued throughout the day but finally pulled the whole market into the red on 1.7 billion NASDAQ shares.
Net ticks: +14 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:
NQ Opening Range Play:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: