Not much action for the Veteran’s Day holiday as expected, although we still traded 1.8 billion NASDAQ shares, which is big for a bank holiday. Futures were too whippy early and the Value Area plays didn’t do much.
Net ticks: -14 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, used the midpoint for the stop as posted:
NQ Opening Range Play triggered both ways too far outside the range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
