Volume was the worst of the year at 1.4 billion NASDAQ shares, so even the Opening Range plays finally stuttered after a nice run this week. See that section below for mixed results. No official calls with volume so bad.
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 triggered short at A and didn’t work, triggered long at B and eventually did if you wanted to wait for it on a light volume session:
NQ Opening Range Play triggered short at A and worked enough for a partial, triggered long at B and eventually worked if you wanted to wait for it on a light volume session:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: