A good day to not post any calls. The markets gapped down a little and took an hour or more to fill. Volume was super light and will likely continue to be until the end of next week. Even nice technical setups like the ES against the Pivot today have a lesser chance of working without volume. We drifted lower and closed near lows on 1.25 billion NASDAQ shares. Mixed bag for once on the Opening Range Plays. See that section below.
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 long at A and short at B and didn’t work:
NQ Opening Range Play triggered short at A and worked eventually:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
