Another slow start as the markets gapped down a little, filled, and then stuck in a narrow range for quite a while. The NASDAQ side closed the day red while the S&P gained a couple of points. Opening Range Plays were mixed. NASDAQ volume was 1.7 billion 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:
NQ Opening Range Play triggered short at A and stopped:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: