The markets opened fairly flat, went lower, then rebounded a bit and went flat for the rest of the session on 4.5 billion NASDAQ shares as we head into mid-year statement printing on Tuesday.
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 and worked, triggered long at B and worked enough for a partial:
NQ Opening Range Play, both too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
