The markets opened basically flat, came down early, then went higher, topped out over lunch on an ES Comber 13 sell signal, and then dropped a little bit late. NASDAQ closed negative and S&P positive on 4.6 billion NASDAQ shares.
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 too far out of range again to take:
NQ Opening Range Play too far out of range again to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: