The markets opened fairly flat and we had a mixed bag on the Opening Range plays, which were basically a wash (two winners, two losers). Everything remains fairly dead and flat while we wait for the Fed tomorrow and the markets closed around even on 1.6 billion NASDAQ shares.
Net ticks: -4 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, triggered long at B and did:
NQ Opening Range Play triggered short at A and didn’t work, triggered long at B and did:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: