We may not make any more regular calls this year as the markets are dead with no volume. We gapped down and closed right where we opened on 1.1 billion NASDAQ shares. We shall see if Tuesday shows an uptick at least. Opening Range plays were dead too.
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 short at A and didn’t work:
NQ Opening Range Play triggered long at A and didn’t work:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: