Things did not pick up for the start of September, so we are probably done for the week. Mixed results on the Opening Range plays but ended up green. NASDAQ volume was only 1.2 billion shares.
Net ticks: +14 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, unfortunately, then triggered short at B and worked enough for a partial:
NQ Opening Range Play triggered long at A and worked enough for a partial then triggered short at B and worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: