The markets opened fairly flat and got off to a choppy start, changing “market direction” 7 times in the first hour. The rest of the day got pretty flat. No official calls, and one Opening Range play that worked. NASDAQ volume was 1.9 billion shares, which is good volume for a day that seemed pretty non-technical.
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 at A but was too far outside of the range for me to take:
NQ Opening Range Play triggered at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
