The markets gapped up a little, filled, and did nothing all day with options unraveling behind us. It was a measuring day ahead of expiration on Friday on 2.1 billion NASDAQ shares.
Net ticks: +0 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 but too far out of range to take, it worked:
NQ Opening Range Play triggered short at A, which I took, but barely too far out of range to take under the rules, it worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
