The markets gapped down and moved a little for the first hour but then went flat as volume was worse than Monday. NASDAQ volume closed at 1 billion shares. The Opening Range plays worked and the NQ Institutional Range play worked, but that was it. The official NQ call didn’t trigger.
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:
