The markets opened fairly flat, filled early, and stuck in the narrowest of all possible ranges for the entire session on 2.3 billion NASDAQ shares.
Net ticks: -25 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 but too far out of range to take on the spike:
NQ Opening Range Play triggered short at A and stopped over the midpoint, triggered long at B but too far out of range to take on the spike:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
