Another not-very-exciting session to start the year. Opening Range plays were a wash exactly. No other levels were set and the Value Areas and gaps never came into play. NASDAQ volume was 1.7 billion.
Net ticks: +0 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 I closed it for a 4 tick loss:
NQ Opening Range Play triggered long at A and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: