Once again, the Opening Range plays and Institutional Range plays worked great on the ES and NQ, so I will show them below. There was no need to make additional calls beyond those. Volume was much better than last week but still lighter than we’d like to see, and so the futures action was choppy after the first hour or so. Anything else I might have been considering wouldn’t have worked.
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:
Opening and Institutional Range Plays:
Opening Range play worked on the ES, triggered short at A after setting the range in the first 2 minutes and triggering short at A:
Same with the NQ:
Institutional Range play worked on the ES after setting the range for the first 15 minutes and triggered short at A:
Same with the NQ: