A really dull day in the markets. We gapped down a little, the ES filled early, and the NQ tried to drift up all day and never quite got there. The Opening Range plays did work (see that section below) and NASDAQ volume was 1.7 billion shares. None of the other setups triggered.
Net ticks: +0 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 long at A and worked:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: