Two small winners to the first targets and that’s it. The session was a little wider finally and volume improved. There was also a perfect 13 sell signal on the ES, which you can see below. NASDAQ volume closed at 1.7 billion shares.
Net ticks: +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 didn’t work. Shouldn’t have taken the short trigger on news as it was too far under the OR, and it was also 30 minutes into the day:
NQ Opening Range Play triggered short at A and worked, unless you passed on it because it did close the candle a decent distance under the OR Low:
ES Tradesight Institutional Range Play triggered long at A and worked:
NQ Tradesight Institutional Range Play triggered long at A and worked:
ES:
Mark’s call triggered short at A at 2104.50, hit first target for 6 ticks, and stopped second half over the entry. My call triggered long at B at 2110.25, hit first target for 6 ticks, and stopped the second half under the entry:
