The markets opened with a small gap down that never filled, went lower for an hour and that was it for the day on a summer Friday on 2.2 billion NASDAQ shares.
Net ticks: -42 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:
NQ Opening Range Play triggered short at A and stopped:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
