What a strange session. Not sure I recall seeing one like it that wasn’t a Holiday. The markets gapped up and the ES stuck in basically a 3-point range for the entire session. No calls triggered as we never even touched a level on the ES. NASDAQ volume closed at 1.4 billion shares. Very odd in general, although the market is waiting for earnings to start Tuesday.
Note that the NQ moved up a little, and it had a Comber 13 sell signal at the high bar.
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: