The markets were dead on 1.5 billion NASDAQ shares as expected to start the new options quarter. Whether we get some excitement Tuesday or not will determine if we make many more calls for the next 7 trading days to wrap up 2016.

Net ticks: -28 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 didn’t work, and the long at B was too far outside of the OR according to the rules to take:

NQ Opening Range Play triggered short at A and didn’t work, and the long at B actually was valid but I said not to take it, mostly because of the ES, so that was my bad as that worked:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play:

ES:

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