Well, they didn’t come back to start the quarter right away, which was a possibility. Between the short week, long weekend, and situation in Greece, the markets gapped up but didn’t do much for the session. We had mixed results for the first time in a while on the Opening Range plays in particular as the first 30 minutes were very flat. One additional call only hit the first target, and another call (which was set up nicely) never triggered. See ES section below.
Net ticks: +2.5 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 long at A and didn’t work:
NQ Opening Range Play triggered long at A and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Main call triggered short at A at 2065.00, hit first target for 6 ticks, but nothing else and stopped the second half over the entry: