As expected, market volume and activity are drying up as we head into the long weekend. Friday will be a slow mess, so trade at your own risk. Anything worth doing will probably be in the first hour or ninety minutes.
Winner in the ES, loser in the QM and that’s it for the tame session as the ES continues to be drawn to that key 1312.50 area.
Net ticks: -4.5 ticks.
First, let’s take a look at the ES and NQ with the Seeker, market directional tools, and VWAP:
ES:
Mark’s call triggered short at A, hit first target at B, and second half stopped over the entry for 2.5 ticks gain on the play:
QM:
Nice setup that could have led into the Value Area but failed, triggered short at A and stopped at B for 7 ticks: