Pretty much as expected for triple expiration. We gapped down, which is fine, traded a lot of volume early for nothing, and stuck in a 10-point ES range until late in the session when we tried to break out and fill the gap but still went nowhere. NASDAQ volume was 2.6 billion shares. Opening Ranges were mixed, and one other trade ran out of time. See ES section below.
Net ticks: -8.5 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 stopped:
NQ Opening Range Play triggered short at A and stopped because we used the midpoint or else it would have worked:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
My call triggered long at A at 2133.00 and never went to first target or stop, closed for 2 ticks for end of session: