I had an issue in the morning and missed the first 45 minutes of the day, so I missed the Opening Range plays for the first time in forever. The markets were mostly dead for the session so there wasn’t much else to do on 1.5 billion NASDAQ shares.
Net ticks: -7.5 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:
NQ Opening Range Play triggered short at A and worked enough for a partial and that’s it:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: