The markets opened close to flat, went higher for 20 minutes and then filled the gap, bounced around, went lower ahead of lunch and that was the low of the day on 3.3 billion NASDAQ shares, which is really weak. If there was an options unraveling move, it was on light volume.

Net ticks: +16.5 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 long at A and worked:

NQ Opening Range Play triggered long at A but too far out of range to take:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play: