No surprise that the last day of the month of August was going to be dead to start. Opening Range plays didn’t even work net (ES worked, NQ did not). No point in calls although there were a few Levels setups. NASDAQ volume 1.5 billion shares, but only because of some big “end of month” prints at the close. Two days left.

Net ticks: -25.5 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 short at A and worked eventually:

NQ Opening Range Play triggered short at A and stopped, triggered long at B and stopped:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play:


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