Another light volume session, closing at 1.6 billion NASDAQ shares. The markets opened flat, shot up a little early, retreated, were very choppy all morning, and then finally rallied late in the day a bit. We had nice winners yet again on the Opening Range plays. See that and the ES section below.
Net ticks: -7 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 great:
NQ Opening Range Play triggered long at A and worked great:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
Set the UBreak and then triggered long at A over lunch and stopped (really wanted this to trigger after lunch, I wasn’t even around when it did to update it):
