Just the Opening and Institutional Range plays officially for the session. The first 90 minutes were dead flat and then the markets sold off over lunch on 1.8 billion NASDAQ shares.
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 worked:
NQ Opening Range Play triggered long at A and didn’t work, triggered short at B and didn’t work:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: