Another day that wasn’t super-exciting. NASDAQ volume closed at 1.7 billion shares again, and although the ES range was a little better, not by much. We gapped up and filled, then pushed lower over lunch and then stalled for the last two hours. Opening Range plays were mixed.
Net ticks: -3.5 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 stopped:
NQ Opening Range Play triggered short at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: