The markets opened fairly flat and went lower initially, then returned to even, then flat, and then lifted a bit late on a Friday on 1.8 billion NASDAQ shares.
Net ticks: +8 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 we don’t take it by rule because we were already short NQ and this wasn’t into the gap, triggered short at B and worked enough for a partial:
NQ Opening Range Play triggered short at A and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
