The markets opened fairly flat and played around both ways early. There was a nice winner in the Opening Range plays in the ES and then things settled down until rolling over during lunch on no volume. The afternoon was then dull, and we pushed up a little to the VWAP for the close on 1.6 billion NASDAQ shares.
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:
NQ Opening Range Play triggered long at A, but as I said in the Lab, I don’t like to take opposing OR trades typically, and the ES was already triggered short:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play: