A little bit more of a stable session even though volume was light. Opening Range plays both worked again, and we had a nice clean winner in the ES after it lined up against the Pivot and made a cup and handle. Markets gapped down a little, filled early and then went flat before pushing up a bit in the second half of the day on 1.5 billion NASDAQ shares.
Net ticks: +9 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 worked:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
My call triggered long at 1966.00 at A, hit first target for 6 ticks, raised the stop twice and stopped 12 ticks in the money:
