One stop out on another day where volume is up (2.1 billion NASDAQ shares), but the markets are doing nothing while we wait for Washington. See ES 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:
Mark’s call triggered short at A at 1648.00 and stopped for 7 ticks. He did not re-enter. A later setup was called but didn’t trigger: