What the heck was that? A flat opening and basically a 5-point ES range (most of it in 4 points) for a whole day. Wow. Tomorrow’s ES Value Area should be about 2.5 points. NASDAQ volume closed at 1.9 billion shares. One trigger on the ES, see that section below. Not much point in calling trades.
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 short at A under the Pivot at 1869.25 and stopped. Never re-triggered. So boring:
