Super light volume day at 1.3 billion NASDAQ shares. The markets gapped down, did nothing for 30 minutes, and eventually came back up to fill and push higher.
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 did nothing for a long time, eventually stopped, then triggered long at B and worked great:
NQ Opening Range Play triggered short at A and did nothing for a long time, eventually stopped, then triggered long at B and worked great:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
The main call didn’t trigger, but note the great Value Area play that triggered at A and crossed the Value Area to B, and then another perfect setup against UBreak at C that triggered at D, right out of the course:
