The markets opened fairly flat and it was a much duller session to close out the week. We had a nice trade setup on the ES for the Value Area, but that call didn’t trigger. Mixed results out of the Opening Range plays. NASDAQ volume closed at 1.6 billion shares, but even that was boosted by some excessive volume in one stock.

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 and didn’t work, then triggered long at B and did:

NQ Opening Range Play triggered short at A and worked enough for a partial. Triggered long at B and worked:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play:


Our trade call did not trigger: