What a completely dull session. The Opening Range plays worked and we did pull off a trade on the release of the Fed minutes but volume was only 1.5 billion shares and activity was very, very contained and dull most of the session. See the ES section below.
Net ticks: +2.5 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 enough for a partial. Also triggered short at B and worked enough for a partial:
NQ Opening Range Play triggered long at A and worked enough for a partial. Also triggered short at B and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Triggered long at A at 2094.75 and hit first target for 6 ticks, stopped second half under entry:
