A boring day in the markets with a small gap down that ultimately filled after several back and forth sweeps of highs and lows. We closed mixed with the ES up and the NQ down on 1.7 billion shares. Opening Range Plays were dead.
Net ticks: -23 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 missed the partial by a tick, then triggered short at B and did the same:
NQ Opening Range Play triggered long at A and worked enough for a partial, triggered short at B and worked enough for a partial:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
Mark’s call triggered short at A at 1968.00 and stopped. Given the bad volume, he did not re-enter: