A fun session early for futures and then things went dead on barely 1.5 billion NASDAQ shares. Opening ranges worked in both directions and an additional setup that I called worked.
Net ticks: +36.5 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 enough for a partial, triggered short at B and worked:
NQ Opening Range Play triggered long at A and worked, triggered short at B and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
My call triggered short at A at 2259.75, hit first target for 6 ticks, and stopped second half 9 ticks in the money: