The markets put in another weird session. Not much of an open, and the Levels were so bunched that there wasn’t much else to do beyond the Opening Range plays, which were mixed, and one of them took an hour to do nothing. NASDAQ volume was 1.6 billion shares.
Net ticks: -3 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 I closed it after an hour for an 8 tick loss:
NQ Opening Range Play triggered short at A and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: