The markets gapped up for triple expiration and for the first hour, all of the candles were dead flat, so we basically gave up as you should for expiration. I had one call that I ended up cancelling, but it never triggered, but the Opening Range plays and Institutional Range plays worked. NASDAQ volume closed at 2.4 billion, which isn’t that impressive for triple expiration. The ES closed in the top half of the day’s range while the NQ closed at the low.
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 worked, just took forever:
NQ Opening Range Play triggered short at A and worked ultimately, but I don’t like being long one and short the other:
ES Tradesight Institutional Range Play triggered long at A and worked:
NQ Tradesight Institutional Range Play triggered long at A and worked:
ES:
