A winner and a loser for the session. The markets had a small gap up and headfaked both directions early but never got going. We closed basically on the VWAP both sides, and if you look at the NASDAQ in particular, it was dead flat to start the week. Volume was 1.85 billion shares.
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 short at A at 2011.00 and stopped. Put it back in, triggered again at B, hit first target for 6 ticks, stopped second half 3 ticks in the money: