Another boring session. 3 Opening Range plays triggered although it took until 37 minutes into the day for the ES to hit a partial, which is crazy long. I made one other call on the ES, although shouldn’t have bothered with market volume so light. We gapped down and pushed lower on 1.5 billion NASDAQ shares.
Net ticks: -12 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 short at A and worked enough for a partial eventually:
NQ Opening Range Play triggered long at A and didn’t work, triggered short at B and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Nice setup triggered short at 2031.00 at A and barely stopped before working, but there wasn’t enough action in the market or volume to put it back in for me. It was also set up nice later in the day after the bounce at B for the breakdown at C: