The Opening Range plays were once again so nice that there wasn’t a point in calling much else, especially since the market established most of the range for the day in the first hour and had a minor volume warning for the first time this week. In the end, NASDAQ volume closed at 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 Range and Institutional Range Plays:
ES Opening Range Play triggered short at A and worked great again…note the Comber 13 sell signal on the 1-minute chart right before it went and also the retest of the level later:
NQ Opening Range Play triggered short at A and worked:
ES Tradesight Institutional Range Play triggered short at A and worked enough for a partial:
NQ Tradesight Institutional Range Play triggered short at A and worked enough for a partial:
ES: