A waste of a session as expected (even worse in the first hour than I was assuming). The markets gapped up a little, did nothing, finally drifted down to fill the gaps, and closed basically flat on 1.3 billion NASDAQ shares. No levels or calls for Friday obviously. Have a good weekend. I will be on the road next week. Levels will be posted as usual and I will be in the Lab only in the first 60-90 minutes each day.
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 short at A and long at B:
NQ Opening Range Play triggered short at A and long at B:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: