The markets opened with a small gap down and were pretty dead for the first couple of hours and over lunch, but then actually moved lower in the last hour on 3 billion NASDAQ shares (which is just volume from triple expiration, most of which isn’t real). Opening Range plays worked, no calls for triple expiration.
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 worked:
NQ Opening Range Play triggered long at A and didn’t work, triggered short at B and did:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
