The markets opened flat and did nothing all day on 1.3 billion NASDAQ shares. Christmas doldrums are here, so probably no more calls this year. Trade cautiously if at all, even on the Opening Range plays.
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 long at A and didn’t work, triggered short at B and I closed it even after it was clear that the market was just dead:
NQ Opening Range Play triggered long at A and didn’t work, triggered short at B and I closed it even after it was clear that the market was just dead:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
