The markets opened flat and headed lower for the end of week now that earnings are behind us. NASDAQ volume closed at 1.8 billion shares.
Net ticks: +4.5 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 worked:
NQ Opening Range Play triggered short at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
My call triggered short at A at 2091.00, hit first target for 6 ticks, and stopped the second half unfortunately 3 ticks in the money before heading much lower:
