The markets gapped down and eventually (basically) filled on 1.5 billion NASDAQ shares, which is horrible volume for options expiration with post-MSFT earnings. We just wrapped up the lightest volume week of the year. Moving on…
Net ticks: -1.5 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 after 40 minutes I closed it (right before it ran) for a tick:
NQ Opening Range Play triggered short at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
