he markets opened flat and volume looked good again early, but the ES spent almost the whole day in a narrow 6-point range on 1.7 billion shares.
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 short at A and worked enough for a partial, triggered long at B and worked:
NQ Opening Range Play triggered short at A and didn’t work, triggered long at B and did:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
Triggered long at A at 2153.75 and stopped, I did not re-enter, there was no need: