The markets opened up fairly flat and didn’t do much early, pushed up a little ahead of lunch, and then pushed up hard late in the day for end of mid-year statement printing on 4.3 billion NASDAQ shares, which is fairly weak compared to what we have been seeing.
Net ticks: +10 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 worked:
NQ Opening Range Play triggered long at A but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: