The markets gapped down a little, didn’t do much for an hour, popped up to fill the gap and more, and then slipped back to close flat for triple expiration. Final volume looked weak but with the end of day close outs pushed to 2.8 billion NASDAQ shares.
Net ticks: -30 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 stopped:
NQ Opening Range Play triggered short at A but too far out of range to take, triggered long at B and stopped under the midpoint:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: