A very light volume session (1.3 billion NASDAQ shares traded) to start the week. The markets gapped up and just held the gaps in very narrow range. One stop out in the ES, see that section below.
Net ticks: -7 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:
Triggered short at A at 1933.00 and stopped: