A much slower session than we’ve been seeing lately, as volume dried up quite a bit to start the new options month and right in the middle of core earnings. The markets basically opened flat and headed higher on a drift. NASDAQ volume closed at only 1.5 billion shares, a third of which was in the last hour. We had one small winner on the ES, see that section below.
Net ticks: +2.5 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 long at A at 1892.00, hit first target for 6 ticks, and stopped the second half under the entry: