We had a big gap down and no volume (1.4 billion NASDAQ shares total). The market recovered from the start. Called one ES trade that stopped, but didn’t re-enter due to market volume (the re-trigger worked). See ES below. We continue to hold our futures trading to limit calls as the market is just not showing the volume.
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:
Triggered long at A at 1546.00 and stopped:
