The markets gapped up, the ES filled, the NQ took off, and volume was horrible. Great money on the Opening Range plays again, but the markets were too light on volume to go nuts beyond that. NASDAQ volume was 1.2 billion shares.

Net ticks: +17 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 worked, triggered long at B and ultimately worked but I closed it for a 2 tick loss after volume was so light and markets seemed so dead:

NQ Opening Range Play triggered long at A and worked great:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play:


Share This