A boring summer session as expected. Opening range plays worked, see that section below. The markets stayed mostly in the Value Area and NASDAQ volume was only 1.4 billion shares.
Net ticks: +0 ticks. Opening range plays both worked.
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 if you were willing to take it that far above the OR high:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
