A couple of big winners in the Opening Range plays, but then the market died off. Volume was the worst I’ve seen this year after 30 minutes and only closed at 1.3 billion NASDAQ shares. We closed right on the VWAP and spent the second half of the day in a 5 point range.
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 and worked great:
NQ Opening Range Play triggered short at A and worked great:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: