The markets basically opened flat and closed slightly negative after another horrifically boring session on 3.4 billion NASDAQ shares.
Net ticks: -8 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 over the midpoint, triggered long at B and worked enough for a partial:
NQ Opening Range Play triggered short at A and long at B, but both too far out of range to take with a 30 point OR:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: