The markets gapped down and shot lower, never setting a level, giving a gap fill setup, or coming near the Value Areas. In short, there weren’t any of our usual futures setups. Good news though. NASDAQ volume was 2.1 billion shares to start the fourth quarter.
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: