A bad two days as the opening 90 minutes have been so slow. The volume was improved Tuesday, but the markets gapped up and were very choppy from a futures perspective early. Got stopped out of an ES trade twice and called it a day. NASDAQ volume closed at 1.7 billion shares.
Net ticks: -14 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 1960.75 and stopped. Triggered again a few minutes later and stopped:
