Market volume continues to struggle so badly that I’m hesitant to make any official calls, as things tend to not work great without volume. The Opening Range plays did work, though, see that section below. The markets closed around flat on 1.45 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 triggered long at A and didn’t work, then triggered short at B and did:
NQ Opening Range Play triggered short at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: