A boring session as expected. The markets gapped up and took an hour before deciding to push a little higher and then flatlined for the rest of the day on barely 1.4 billion NASDAQ shares.
Net ticks: +7.5 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 but I closed for a 2-tick loss after 30 painful minutes of nothing happening:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: