The markets gapped up and we had no volume again as expected. Trading was even worse, with the Opening Range plays taking forever to trigger and doing nothing. No official calls. The markets drifted up a bit more on 1.4 billion NASDAQ shares.
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 but did nothing:
NQ Opening Range Play triggered short at A and did nothing:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES: