The markets opened flat and were painful for the first hour, then finally slipped and gave us a move before lunch, but that was it for the day on 3.6 billion NASDAQ shares.
Net ticks: +21.5 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:
NQ Opening Range Play triggered long at A and worked, triggered short at B but too far out of range to take:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: