The markets gapped down and were generally flat for the session for futures contract roll. NASDAQ volume was heavy early and then dried up completely, which is typical of the quarterly roll. Closed at 2.2 billion shares.
Net ticks: -3 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 stopped, triggered short at B but not valid because we were long the NQ and this wasn’t into the gap:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
