Another dull session as predicted. Shouldn’t have bothered showing up. Even with a news gap, we couldn’t get any energy going early on with all of the big players out. Volume ended at 1.2 billion NASDAQ shares. Have a great long weekend! Summer is finally over, and now we keep an eye on volume and start to get back to work.
Net ticks: -34 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, triggered long at B and closed even at C:
NQ Opening Range Play triggered short at A and stopped, triggered long at B and closed even at C:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: