The markets opened flat, shot up a bit, and that was about it. A big measuring day on a Friday where we closed almost flat on 1.65 billion NASDAQ shares. Check Opening Range Plays below.
Net ticks: +24.5 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 worked:
NQ Opening Range Play triggered long at A and worked, I didn’t take it because it opened outside the OR by a bit, but it wasn’t even 5 points which is supposed to be the rule, then triggered short at B and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: