A really boring day in the markets as we gapped up and held, slowly drifting higher over lunch before coming back to the VWAP on 1.55 billion NASDAQ shares. Opening Range Plays were mixed and took forever to do anything.
Net ticks: -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 stopped under the midpoint:
NQ Opening Range Play triggered long at A and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: