A fairly unexciting session again as the markets gapped up a little, didn’t do much in the morning, pushed right at the start of lunch, and then went flat for the rest of the day. Friday is options expiration, so if that little push up was options unravel, it wasn’t much, and you should expect Friday to be slow. NASDAQ volume was 1.8 billion shares.
Net ticks: +10.5 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:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: