Another day where the Opening Ranges worked and volume was even worse than the prior day, so we didn’t really call much else. There was a setup on the NQ in the afternoon when it set the UBreak from above and then broke it. NASDAQ volume closed at 1.6 billion shares again.
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 a little:
NQ Opening Range Play triggered short at A and worked a little:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: