What a waste of a day. The markets gapped up a little and the ES spent the entire day in the Value Area with both sides closing lower than they opened, but not by much, on 4.2 billion NASDAQ shares.

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 but too far out of range to take:

NQ Opening Range Play triggered long at A and short at B, but both too far out of range to take:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play: