Wow, just WOW! Such a flat three days. Nothing say. NASDAQ volume was 2.7 billion, so if that volume was the options unravel, the trading was EXACTLY balanced.
Net ticks: -13 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 NWQ Opening and Institutional Range Plays:
ES Opening Range Play triggered long at A and stopped, triggered short at B and worked:
NQ Opening Range Play triggered long at A and stopped under the midpoint, triggered short at B and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: