If there was a day where I would say not one trade set up in the futures, this was it. The ES stuck in a 5-point range for the session until the last 15 minutes. NASDAQ volume was 1.6 billion shares. Gaps remain below to last Friday’s close.
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: