We knew it would be a dead session, and it was. Markets were flat all day until the last 30 minutes or so. No setups would have worked and we had mixed results on the Opening Range plays. ES worked and NQ did not, so they offset. See that section below. NASDAQ volume was 1.8 billion shares.
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 short at A and worked:
NQ Opening Range Play triggered short at A and didn’t work:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: